Torrent Power has entered into a Share Put chase Agreement SPA with Blue Daimond Properties and Balrampur Chini Mills the Sellers for the acquisition of 100Percentage Equity Share Capital of Visual Percept Solar Projects the SPV The SPV operates 25 MW Solar power in the state of Gujarat Long-term Power Purchase Agreement PPA for the Project is with Gujarat Urja Vikas Nigam GUVNL for a period of 25 years Enterprise Value estimated for this acquisition Rs 163 crore subject to Closing Price Adjustments if any
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