Torrent Power to acquire 156 MW wind power plants from CESC Ltd

Torrent Power has entered into an agreement with CESC Limited, Haldia Energy Ltd and other nominal shareholders for the acquisition of 100 per cent of the share capital of Surya Vidyut Ltd, the statement said. The enterprise value estimated for this acquisition is about Rs 790 crore, subject to closing price adjustments. The acquisition is further subject to customary conditions for transaction closure.

from Markets-Economic Times https://ift.tt/3AqUGvD