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Torrent Power Acquires a 25 MW Solar Project in Gujarat for ₹1.63 Billion

The company has 800 MW of operational renewable capacity, and another 700 MW of renewables are under the advanced stage of acquisition or development

February 11, 2022

/ Harsh Shukla
/ Finance and M&A, Solar
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Gujarat-based power company Torrent Power Limited announced that it has entered into a share purchase agreement with Blue Daimond Properties and Balrampur Chini Mills to acquire 100% equity share capital of Visual Percept Solar Projects, a special purpose vehicle (SPV).

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Harsh Shukla

More articles from Harsh Shukla.
AcquisitionBlue DaimondrenewablesSolarSPATorrent Power
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