February 23, 2017 / 10:37 AM / 5 months ago

BRIEF-India Power Corporation says unit to co-develop 20 MW of solar assets with Punj Llyod Infra

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Feb 23 (Reuters) - India Power Corporation Ltd

* Says India Power Green Utility Pvt Ltd agrees to co develop 20 MW of solar assets in Uttarakhand with Punj Llyod Infra Source text: [DPSC Limited has informed the Exchange that India Power Green Utility Private Limited (IPGUPL), a wholly owned subsidiary of the Company has agreed to co-develop 20MW (10MW each) of solar assets in Uttarakhand with Punj Lioyd Infrastructure Limited (PLIL) to be executed by PL Sunrays Power Limited and PL Solar Renewable Limited, the Wholly Owned Subsidiaries of PLIL. As per the Traansaction, IPGUPL has acquired 49% of shareholding in the above mentioned two subsidiaries of PLIL] Further company coverage:

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