Italy’s Enel Green Power acquires Indian renewables energy firm BLP Energy

24-Sep-2015 #Policy News Source: Live Mint

Italy’s Enel Green Power (EGP) has acquired a majority stake in Indian renewable energy company BLP Energy for about $33 million in order to provide its contribution in Indian government’s aim of installing 100GW of solar power and 60 GW of wind power by 2022. EGP further plans to participate in the country’s upcoming public solar tenders at both national and state level.

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