Tata Power to acquire Welspun Renewables
Tata Power on Sunday said it signed a deal to acquire energy firm Welspun Renewables in what would be the biggest transaction in the renewable energy space in India. The size of the deal was reportedly estimated at ₹10,000 crore. Notably, India has a target of installing 60 GW of wind and 100 GW of solar power capacity by 2022.