Want to Invest in India.......buy small energy green firms
Small green energy firms emerge hot buyout targets
19 Oct, 2010, 12.23AM IST, Pradeep Pandey & Apurv Gupta,ET Bureau
Private power producing companies are lining up to buy small renewable assets as a widening power supply deficit and growing concerns of pollution prompt firms to acquire clean technology units. According to private equity and advisory firms, investments in small hydro projects have picked up as such projects are built on small rivers and have no issues related to resettlement of villages. Axis PE, which has invested in clean technology firms, says the total private equity transactions in small hydro projects is around Rs 1,000 crore.
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