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Essar has announced sale of business park in Mumbai for Rs 2,400 crore

The idea is to grow to about 10,000 megawatts (MW) over the next 3-5 years.

Essar Group has announced the sale of its Equinox Business Park that comprises of 1.25 million sq ft office space at prime Bandra-Kurla Comlplex (BKC) in Mumbai for around Rs 2,400 crore to realty firm RMZ Corp.

Essar group said in a statement that “Essar and RMZ Corp announce the signing of definitive agreement in connection with acquisition of Equinox Business Park, a 1.25 million sq ft office space prominently located in Mumbai’s prime CBD at Bandra-Kurla Complex for approx Rs 2,400 crore.”

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