Green Infra Limited seems to have acquired majority stake in the wind assets of TVS Energy.
TVS Energy has decided to exit from its Wind Energy business which was having around 59.75 MW wind farms in the states of Tamil Nadu and Maharashtra.
Green Infra which is a renewable energy arm of IDFC has acquired majority stake in the TVS Energy. With this the operating portfolio of Green Infra has reached to 377 MW.
Thus it seems that the company is on track to reach the capacity plan of 500 MW by March 2014.
Incorporated in April 2008 by the private equity funds of IDFC Alternatives, Green Infra is one of the leading clean energy independent power producer in both solar and wind segment in the country.
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