News

Nagarjuna sells wind Assets

Location: Kolkatta
27th October 2013  To: 27th October 2013

Four large transactions in wind energy have brought back some activities in the sector in India during the quarter ended September 30, according to a report complied by Mercom Capital Group.

Nagarjuna Agrichem, an Indian agrochemicals maker, sold off its entire wind power business to an undisclosed investor for Rs30 crore (~$5 million) as part of its strategy to consolidate on core business.

Url: articles.economictimes.indiatimes.com/2013-10-25/news/43395269_1_mainstream-renewable-power-wind-venture-capital-wind-sector

 

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