A significant expansion of renewable energy services has occurred with the completion of a payment for a wind operations and maintenance business. The transaction, totaling Rs 550 crore, was finalized through a subsidiary. This business will be transferred as a going concern, following a resolution plan approved by a tribunal. As a result, a 75 per cent stake will be owned in this subsidiary.

Further details about this transaction are available. The business being transferred has a portfolio of 4.5 GW.

The completion of this payment marks a major development, with more information available from the source.