ReNew, Gentari collaborate to invest in 5GW renewables in India
ReNew Power and clean energy solutions provider Gentari on Wednesday announced a strategic collaboration to form a 50:50 joint venture for exploring avenues to invest in 5 GW renewable capacity in India. The collaboration between the parties follows Gentari’s initial investment for a 49 per cent equity stake in ReNew’s 403 MW Peak Power project in May this year, a company statement said.
“ReNew Energy Global Plc through its subsidiary ReNew Power Pvt Ltd and clean energy solutions provider Gentari, through its subsidiary Gentari Renewables India Pte. Ltd, have executed key terms to collaborate on a 50:50 joint venture in clean energy solutions,” it stated.
