GE, Indian Clean Energy developer Greenko announce venture to develop wind energy projects across India

摘要

EXPANDING GE's footprint in India and connection with one of the country's fastest growing clean energy developers, GE Energy Financial Services and Indian-based Greenko Group plc have agreed to invest in a new venture to develop wind energy projects across India. The GE unit will invest US$50 million - its first renewable energy investment in India - to support the development of 500 megawatts of wind projects out of Greenko's planned development of one gigawatt of wind projects in India. Greenko has committed US$65 million for the venture, a newly created subsidiary of Greenko, known as Greenko Wind Project Private Limited.