Ming
Yang
–
China’s
fourth-largest
maker
of
wind
turbines
–
has
signed
a
memorandum
of
understanding
(MoU)
with
the
Indian
group's
Reliance
Power
division
to
work
together
on
the
projects.
Ming
Yang
will
also
form
a
joint
venture
with
its
Reliance
Capital
financial
arm
by
taking
“a
significant
stake
in
the
share
capital
of
Global
Wind
Power
Limited
(GWPL)”
–
a
Mumbai-based
wind
equipment
and
services
company
in
which
Reliance
is
currently
the
major
shareholder.
Under
the
MoU,
Ming
Yang
will
provide
a
complete
engineering,
procurement
and
construction
(EPC)
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