{"id":289475,"date":"2019-08-30T05:12:11","date_gmt":"2019-08-30T05:12:11","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=289475"},"modified":"2019-08-30T05:14:26","modified_gmt":"2019-08-30T05:14:26","slug":"essel-infra-to-sell-solar-assets-to-adani-green-energy-for-rs-1300-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/essel-infra-to-sell-solar-assets-to-adani-green-energy-for-rs-1300-crore\/","title":{"rendered":"Essel Infra to sell solar assets to Adani Green Energy for Rs 1,300 crore"},"content":{"rendered":"<p>Essel Infra has inked a pact with Adani Green Energy (AGEL) to sell 205 megawatt (Mw) of solar assets for Rs 1,300 crore, the company said on Thursday. <\/p>\n<p>The assets are located in Punjab, Karnataka, and Uttar Pradesh. All these assets have long-term power purchase agreements with various state electricity distribution companies, the company said. <\/p>\n<p>\u201cOur asset divestment process is within the purview of the agreed timelines with our esteemed lenders. The sale of the group\u2019s solar assets to AGEL is yet another positive step taken in this direction,\u201d an Essel group spokesperson said. <\/p>\n<p>Adani Green called this its first acquisition of operating assets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Essel Infra has inked a pact with Adani Green Energy (AGEL) to sell 205 megawatt (Mw) of solar assets for Rs 1,300 crore, the company said on Thursday. The assets are located in Punjab, Karnataka, and Uttar Pradesh. All these assets have long-term power purchase agreements with various state electricity distribution companies, the company said. \u201cOur asset divestment process is within the purview of the agreed timelines with our esteemed lenders. The sale of the group\u2019s solar assets to AGEL is yet another positive step taken in this direction,\u201d an Essel group spokesperson said. Adani Green called this its first [&hellip;]<\/p>\n","protected":false},"author":40,"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-289475","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\/289475","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=289475"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/289475\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=289475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=289475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=289475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}