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Tata Power arm signs SPA for acquisition of 30 MW wind farm in Maharashtra

Mar 09, 2016, at 11:03 pm

Kolkata/ Mumbai, Mar 9 (IBNS): Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, India’s largest integrated power company, has signed a SPA with Indo Rama Renewables Limited (IRRL) to acquire its subsidiary Indo Rama Renewables Jath Limited (IRRJL) which owns a 30 MW wind farm in Sangli District of Maharashtra. The transaction shall be consummated within the next few weeks.