Vector Green and Evergreen Power have signed a memorandum of understanding (MoU) to develop around 300 MW capacity of wind power projects in India. …
With this partnership, Vector Green expects to expand its wind footprint capitalising on the re-emerging wind opportunity. Vector Green will invest in these projects subject to customary due diligence and agreed milestones. Subject to the provisions of the MoU and the definitive documents, these projects will be taken over and implemented by Vector Green in accordance with provisions of the PPA and other bid documents. The parties will also explore expansion of the partnership beyond this initial wind capacity.