"Simran Wind Project Ltd (SWPL), a 96.62 per cent subsidiary of the company, has sold 44.45 MW wind power assets situated in the state of Tamil Nadu at an effective valuation of Rs 215 crore," Techno Electric & Engineering said in a regulatory filing.
Post this transaction, SWPL continues to hold 117.9 MW of wind power assets.
Techno Electric along with its subsidiary SWPL will have a total portfolio of 162.9 MW of wind power asset after the transaction.