Hin­dus­tan Power Projects in talks to sell so­lar as­sets

Electronics Bazaar - - Industry News -

Hin­dus­tan Power Projects Pvt Ltd has ini­ti­ated dis­cus­sions with in­vestors to sell around 300 megawatts (MW) of so­lar as­sets.

The money could be used for ex­pan­sion and also to pro­vide a par­tial exit to its pri­vate eq­uity in­vestor, Black­stone. The sale could fetch the Black­stonebacked power as­set de­vel­oper al­most US$ 300 mil­lion (around ` 20 bil­lion).

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