New Delhi: Delhi based reality giant DLF expressed that the company had sold its wind turbine projects in Tamil Nadu and Rajasthan for Rs240.9 crore to two separate entities as part of its strategy to exit non-core businesses and reduce debt.
According to the company, it sold the 34.5 MW wind mill project in Tamil Nadu to Tulip Renewable Powertech for Rs188.7 crore, while the 33 MW wind mill project in Rajasthan has been divested to Violet Green Power for Rs52.2 crore.
Earlier, India’s reality major had sold 150MW wind mill in Gujarat to Bharat Light and Power for Rs282.30 crore. Now, the company is left with only Karnataka’s wind mill having a capacity of 11MW.
EPC World News Bureau
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