Business Standard

Torrent Power signs agreement with Siemens Gamesa Renewable Power

Image

Capital Market

For setting up 120 MW wind power projects and acquisition of two SPVs

Torrent Power has entered into a contract with Siemens Gamesa Renewable Power for setting up of wind power projects upto an aggregate capacity of 120 MW.

The arrangement includes acquiring of the 100% share capital of the two SPVs established for the purpose of development and implementation of the said projects at Rs 1 lakh each from Siemens Gamesa Renewable Power.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 14 2018 | 7:22 PM IST

Explore News