Thailand’s GPSC buys 42% in Avaada Energy for Rs 33.88 billion - Business News: Latest News & Videos about market and economy | Trendmergers

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Thailand’s GPSC buys 42% in Avaada Energy for Rs 33.88 billion

GPSC’s subsidiary Global Renewable Synergy Company will acquire the stake in Avaada in a deal which will be among the largest in the renewable energy space in India. The transaction comes close to the heels of Adani Green Energy’s announcement to buy SB Energy 5 gigawatts portfolio in a deal valued at $3.5 billion in May.

from Industry-Economic Times
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