Report
Prozeal signs framework agreement for proposed Rs 460 crore sale of 100 MW Gujarat solar project
The Economic Times reports the proposed buyer is a European independent power producer and the transaction still needs approvals.
TLDR
The Economic Times reports that Prozeal Green Energy signed a framework agreement to hand over a 100 MW solar project in Gujarat to a European independent power producer for about Rs 460 crore. Prozeal says the proposed transaction is subject to necessary approvals. The project is currently scheduled to become operational in 2027.
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