ReNew to sell 100 MW solar project in Tamil Nadu for USD 49 million

Reuters

Mar 24

ReNew to sell 100 MW solar project in Tamil Nadu for USD 49 million

ReNew agreed to sell a 100 MW solar project in Tamil Nadu to Technique Solaire at an enterprise value of about USD 49.0 million.
The deal is expected to generate about USD 24.0 million in cash inflow for ReNew, subject to closing adjustments.
The asset was commissioned in September 2019 and has a 25-year power purchase agreement with TANGEDCO at a fixed tariff of INR 3.47 per unit.
In 2024-25, the project delivered a net PLF of 18.55%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Renew Energy Global plc published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-120810), on March 24, 2026, and is solely responsible for the information contained therein.

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ID: 0001193125-26-120810), on March 24, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RNW","symbol_name":"ReNew Energy Global","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260324:nNDL31bGJZ:1","article_id":"2621062936","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2621062936","pubTimestamp":1774355538,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"ReNew agreed to sell a 100 MW solar project in Tamil Nadu to Technique Solaire at an enterprise value of about USD 49.0 million.The deal is expected to generate about USD 24.0 million in cash inflow for ReNew, subject to closing adjustments.The asset was commissioned in September 2019 and has a 25-year power purchase agreement with TANGEDCO at a fixed tariff of INR 3.47 per unit.In 2024-25, the project delivered a net PLF of 18.55%.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Renew Energy Global plc published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-120810), on March 24, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"corporation,event","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}