It has a long-term Power Purchase Agreement with Solar Energy Corporation of India Limited for full capacity for a period of 25 years.
EPMPL is undergoing insolvency resolution under the Insolvency and Bankruptcy Code.
This acquisition initiates Torrent's renewable energy “presence in the States of Rajasthan and Madhya Pradesh.
The Letter of Intent (LoI) dated February 28, 2022 has been issued to Power Grid Corporation of India Limited.
According to the Scheme, JMC’s shareholders (other than KPTL) will be allotted one share of KPTL against every four shares held by them in JMC.
The acquisition was as per the Share Purchase Agreement between Torrent Power, Blue Daimond Properties and Balrampur Chini Mills.
At Village Khavda, District Kutch, Gujarat
Installed wind turbines generate green power mitigating 8.5mn metric tons of harmful CO2 emissions every year
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