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Tata Power to acquire Welspun Renewables in country’s largest renewable energy deal

Power producer Tata Power Co. Ltd said it has agreed to acquire renewable energy company Welspun Renewables Energy Pvt. Ltd for an undisclosed amount, in a bid to grow its clean energy portfolio to 2.3 gigawatts (GW). 

Tata Power’s renewable energy unit Tata Power Renewable Energy Ltd (TPREL) has signed an agreement to acquire Welspun Renewables Energy in “the largest transaction in renewables space in India. 

 

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