KCT Group Renewable Energy Division (REPL) , started in 2014 , quickly becoming a strong player in the wind energy market. With 3 commissioned projects in a span of only 3 years , generating a total energy of 103.4 MW, favourable locations and superior technology from Gamesa and GE made KCT REPL an enviable asset . This was achieved by the dedication and hard work of the 14 member renewable energy team led by KSK Singaravelan.
All of the above combined have helped generate a great value for the business and has therefore led to successfully completing the sale of KCT REPL. With over a dozen foreign and Indian renewable companies bidding for it, the company was acquired by Re New Power , one of India’s biggest renewable players currently.
This sale is one of the biggest deals of the year in the Renewable Energy sector.