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Green Infra Completes First 10-Megawatt Solar Plant in India

Nov. 16 (Bloomberg) -- Green Infra Ltd., a renewable energy project developer backed by India’s Infrastructure Development Finance Co., completed its first solar plant.

The 10-megawatt plant in Rajkot in the western state of Gujarat, boosts Green Infra’s total operating capacity to 174 megawatts, the New Delhi-based company said today in an e-mailed statement.

It plans to construct another 150 megawatts of renewable capacity by March, it said. Green Infra was set up by IDFC’s private equity arm in 2008 and bought BP Plc’s Indian wind-energy portfolio of 100 megawatts the following year.

To contact the reporter on this story: Natalie Obiko Pearson in Mumbai at npearson7@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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