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ENGIE and French infrastructure and power equity investor STOA have announced a 50/50 partnership to build a wind energy platform in India with a goal of setting up over 2 GW capacity over the next five years.
The scope of the JV will be both onshore and offshore wind projects under central and select state tenders. ENGIE already won a capacity totalling 280MW in three separate state and central tenders in India and these three projects will form a part of the platform.
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