Support: +91-22-61011756 / help@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

Torrent Power completes acquisition of 50 MW solar power plant from SkyPower Group

Tuesday, 14 Jun 2022
Share this on :
Torrent Power has pursuant to Securities Purchase Agreement (SPA) with SkyPower Southeast Asia-III Investments and SkyPower Southeast Asia Holdings 2 and Sunshakti Solar Power Projects (SPV), completed transaction of acquisition of 100 percent securities of the SPV. 
 
The SPV operates 50 MW solar power plant in the state of Telangana. Long-term power purchase agreement (PPA) for the project is with Northern Power Distribution Company of Telangana (NPDCTL) for a period of 25 years at a fixed tariff of approximately 5.35 per kWh, with remaining useful life of around 20 years. 
 
The enterprise value for this acquisition is approximately Rs 416 crore, consequent to closing adjustments. 
 
Torrent Power currently has an aggregate installed generation capacity of around 4.1 GW, which consists largely of clean generation sources such as gas (2.7 GW) and renewables (one GW).
 
Post Your Comments


  
REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

User login
Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services