Techno Electric & Engineering Company has sold 33 MW Wind Power assets situated in the State of Tamil Nadu at an effective valuation of Rs 165.19 crore. Post this transaction, the company continues to hold 12 MW of wind power assets. The company along with its subsidiary, Simran Wind Project will have a portfolio of 129.9 MW of wind power asset post this transaction.
Techno Electric & Engineering Company is a provider of engineering, procurement and construction (EPC) services to core sector industries in India. The company’s segments are EPC (Construction), Energy (Power) and Corporate.