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Greenko Group has signed an agreement with Siemens Financial Services (SFS) for an equity investment in its Poovani Wind Power project. The project is being developed in the state of Tamil Nadu.
As per the agreement, SFS has agreed to take a 46% equity stake in the 200 MW wind power project. Siemens Gamesa Renewable Energy is involved in installing the entire infrastructure for the wind farm, including supply, erection and commissioning of 100 units of SG2.0 – 114 wind turbines with a hub height of 106 metres. The project will be connected to the central transmission system of India, which will enable inter-state flow of energy.
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