M&A
ReNew Energy explores sale of hydropower business for Rs.1,000-Cr
Gurugram-headquartered ReNew Energy is exploring the sale of its hydropower unit for Rs.1,000-Cr.The hydropower unit was acquired from Larsen & Toubro five years ago and houses three commissioned hydroelectric power plants located along the Mandakini river in Uttarakhand. These projects have a combined capacity of approximately 100 megawatts.
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