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The company will start the development of 2500 megawatts of clean energy projects in India.
Mingyang Wind Power said the company wanted to buy large amounts equity of Global Wind Power Ltd under India Reliance. And they will start the development of 2500 megawatts of clean energy projects in India.
Mingyang Wind Power Singapore subsidiary company, Ming Yang Holdings Singapore Pte Ltd will acquire Global Wind Reliance Capital Ltd. Equity. These two companies will establish a relative joint venture.
Mingyang Wind Power said they have signed a preliminary agreement with Reliance Group's Reliance Power Ltd. And they are planning to develop a series of clean energy projects in India.
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