{"id":410691,"date":"2021-04-15T10:19:42","date_gmt":"2021-04-15T04:49:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=410691"},"modified":"2021-04-15T11:01:50","modified_gmt":"2021-04-15T05:31:50","slug":"alfanar-eyes-sale-of-majority-stake-in-india-assets","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/alfanar-eyes-sale-of-majority-stake-in-india-assets\/","title":{"rendered":"Alfanar eyes sale of majority stake in India assets"},"content":{"rendered":"<p>Saudi Arabia\u2019s Alfanar Group is looking to sell a controlling stake in its 600-megawatt (MW) wind power assets portfolio in India for around $300 million, said two people aware of the development, requesting anonymity. Alfanar Group has a clean energy portfolio of 1.4 gigawatts (GW) across West Asia, Africa, Europe and Asia, and is also seeking capital commitment for future greenfield projects.<\/p>\n<p>The Riyadh-based group had won two wind power projects auctioned by the state-run Solar Energy Corp. of India (SECI). In February 2018, it placed a winning bid of \u20b92.45 per kilowatt-hour (kWh) and followed it up by picking up another project with a bid of \u20b92.77 per kWh in October 2018, for developing 300MW wind projects each.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia\u2019s Alfanar Group is looking to sell a controlling stake in its 600-megawatt (MW) wind power assets portfolio in India for around $300 million, said two people aware of the development, requesting anonymity. Alfanar Group has a clean energy portfolio of 1.4 gigawatts (GW) across West Asia, Africa, Europe and Asia, and is also seeking capital commitment for future greenfield projects. The Riyadh-based group had won two wind power projects auctioned by the state-run Solar Energy Corp. of India (SECI). In February 2018, it placed a winning bid of \u20b92.45 per kilowatt-hour (kWh) and followed it up by picking [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-410691","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/410691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=410691"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/410691\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=410691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=410691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=410691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}