India, Sept. 9 -- Statkraft, Europe's largest producer of renewable energy, has successfully completed the sale of its 49 percent minority share in Malana Power Company to its long-standing partner, the Indian LNJ Bhilwara Group.The transaction marks a strategic step in Statkraft's sharpened global focus and commitment to optimizing its portfolio through selective divestments, including of its portfolio in India. The sale comprises Statkraft's stake in the Malana Power Company and includes the Malana hydropower plant (86 MW) and the Allain Duhangan hydropower plant (192 MW), both located in Himachal Pradesh. The plants have successfully been operated as 49:51 joint ventures between Statkraft and the LNJ Bhilwara Group since 2004. The transa...