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Norway announces major support for renewable energy initiative in India

Norfund and KLP together will take a 49% stake in the solar energy project Thar Surya 1 for approximately 2.8 billion INR. The 420 MWDC (300 MWAC) new solar power plant is being built in Rajasthan by Italian Enel Green Power. Norfund, the Norwegian Government’s development finance institution, has entered a strategic investment partnership with Italian Enel Green Power in India.

from Industry-Economic Times
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