CLP India and Suzlon partner for solar projects in Maharashtra

CLP India and Suzlon have entered into a joint venture for two solar projects of 50 MW and 20 MW in Dhule, Maharashtra, on September 10, 2018. As per the agreement signed between the two companies, CLP India will acquire 49 per cent stake in Gale Solarfarms Limited and Tornado Solarfarms Limited, two special purpose vehicles set up by Suzlon. CLP India also has the option to acquire the balance 51 per cent stake in the future. Suzlon is responsible for providing comprehensive O&M services for these projects, which have already been commissioned.

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