Global biggies like Sembcorp, Fortum in race for Welspun Group assets

The $3-billion Welspun Group is in advanced stages of discussions to divest select assets of its solar and wind energy portfolio in a mega deal which has attracted the attention of three marquee overseas investors keen to leverage the renewable energy push by the Modi regime, three sources familiar with ongoing negotiations told ET NOW on the condition of anonymity.

“Among the three global suitors, Singapore-based Sembcorp and Finnish energy giant Fortum are learnt to have signed ter ..

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