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Sri City to set up solar projects in southern states


Sri City, the largest private sector developer in south India has received its approval from  its board to set  up solar projects in six states viz. Tamil Nadu, Andhra Pradesh, Maharashtra, West Bengal , Rajasthan and Gujarat. The company can also take upto 26% stake in each projects. To participate directly, the company has floated a special purpose vehicle “Sricity Infrastructure Development Corporation”  to implement power projects.

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