(EnergyAsia, June 8) — Reliance Capital Ltd, controlled by Indian tycoon Ani Ambani, has paid Rs920 million for a controlling 51% stake in Southern Wind Farms Ltd (US$1=Rs45). His allies bought a total of 17% of the company’s shares. The deal values Southern Wind Farms, a sister company of the NEPC group, at around…
INDIA: Reliance Capital venturing into windpower
Posted on June 8, 2006 by EnergyAsia