Vedanta will receive $400 million from KKR.
On Tuesday, the largest US private equity firm KKR announced that it has signed contracts to invest $400 million (about Rs 3,262 crore) in Serentica Renewables, a group company owned by billionaire Anil Agarwal that aims to offer clean energy solutions. Agarwal’s Twinstar Overseas, which also holds a majority position in Sterlite Power Transmission and…