Enel Green Power (EGP) has announced the acquisition of a majority stake in BLP Energy (BLP), the utility scale wind and solar subsidiary of Bharat Light & Power Pvt Ltd (BLP Group) for a total consideration of approximately € 30 million.
BLP is a renewable energy companies in India which owns operating wind plants in the States of Gujarat and Maharashtra that have a total capacity of 172MW. It also has a portfolio of approximately 600MW of wind projects in different stages of development. BLP Group is based in New Delhi and Bangalore.