Techno Electric & Engineering Company’s 96.62% subsidiary -- Simran Wind Project (SWPL) -- has sold 44.45 MW Wind Power Assets situated in the State of Tamil Nadu at an effective valuation of Rs 215 crore. Post this transaction, SWPL continues to hold 117.9 MW of wind power assets.
Techno Electric along with its subsidiary SWPL will have a portfolio of 162.9 MW of wind power asset post above transaction.
Techno Electric & Engineering Company is a leading EPC company in the power sector. It provides engineering, procurement and construction services to all the three segments of power sector namely generation, transmission and distribution.
