CDB has signed a framework deal to be the co-ordinating bank and lead potential-lender for projects in India developed under the co-operation agreement between Ming Yang and Reliance.

The two companies said in July that they plan to jointly develop up to 2.5GW, indicating at the time that this would cover solar as well as wind projects.

The link-up was the first between Chinese and Indian companies to target the wind-power sector.

The