{"id":279987,"date":"2019-07-03T06:23:00","date_gmt":"2019-07-03T06:23:00","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=279987"},"modified":"2019-07-03T06:23:00","modified_gmt":"2019-07-03T06:23:00","slug":"kalpataru-power-transmission-signs-deal-to-sell-its-stake-in-three-subsidiaries","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/kalpataru-power-transmission-signs-deal-to-sell-its-stake-in-three-subsidiaries\/","title":{"rendered":"Kalpataru Power Transmission signs deal to sell its stake in three subsidiaries"},"content":{"rendered":"<p>Kalpataru Power Transmission has entered into definitive agreements with CLP India to sell its stake in three subsidiaries of the Company namely Kalpataru Satpura Transco (&#8220;KSTPL&#8221;), Alipurduar Transmission (&#8220;ATL&#8221;) and Kohima Mariani Transmission (&#8220;KMTL&#8221;) for an estimated enterprise value of Rs 3275 crore.<\/p>\n<p>KSTPL and ATL are wholly owned subsidiaries of the Company.<\/p>\n<p>The Company&#8217;s equity holding in KMTL is 74% and balance 26% equity is hold by Techno Electric &amp; Engineering Company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kalpataru Power Transmission has entered into definitive agreements with CLP India to sell its stake in three subsidiaries of the Company namely Kalpataru Satpura Transco (&#8220;KSTPL&#8221;), Alipurduar Transmission (&#8220;ATL&#8221;) and Kohima Mariani Transmission (&#8220;KMTL&#8221;) for an estimated enterprise value of Rs 3275 crore. KSTPL and ATL are wholly owned subsidiaries of the Company. The Company&#8217;s equity holding in KMTL is 74% and balance 26% equity is hold by Techno Electric &amp; Engineering Company.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-279987","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/279987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=279987"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/279987\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=279987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=279987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=279987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}