French energy company Engie and compatriot investor STOA are partnering to develop 2GW of wind capacity in India over the next five years.
The 50:50 joint venture will target both onshore and offshore developments, according to local news reports.
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Engie secured 280MW of wind capacity in state and central government auctions earlier this year, which will form part of the JV’s target, the reports said.
Two projects – 50MW and 200MW – are in the region of Tamil Nadu, with the third 30MW facility in Gujarat, they added.