{"id":467483,"date":"2022-02-11T11:04:21","date_gmt":"2022-02-11T05:34:21","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=467483"},"modified":"2022-02-11T11:04:21","modified_gmt":"2022-02-11T05:34:21","slug":"torrent-power-to-acquire-gujarat-solar-project-for-rs-163-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/torrent-power-to-acquire-gujarat-solar-project-for-rs-163-crore\/","title":{"rendered":"Torrent Power to acquire Gujarat solar project for Rs 163 crore"},"content":{"rendered":"<p>NEW DELHI: Torrent Power is to acquire a 25 MW solar power project in Gujarat from Blue Daimond Properties and Balrampur Chini Mills for Rs 163 crore, the company said in a statement.<br \/>\nThe power major signed a share purchase agreement for acquiring 100% equity share capital of Visual Percept Solar Projects Private Limited, the special purpose vehicle of Blue Daimond and Blarampur Chini, which operates the plant.<br \/>\nTorrent said the solar project has a 25-year power purchase agreement with Gujarat Urja Vikas Nigam Ltd. Blue Daimond owns 55% and Balrampur Chini 45% in Visual Percept.<br \/>\nTorrent Power currently has an aggregate installed generation capacity of about 3.9 GigaWatts, which consists largely of clean generation sources such as gas (2.7 GW) and renewables (0.8 GW).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Torrent Power is to acquire a 25 MW solar power project in Gujarat from Blue Daimond Properties and Balrampur Chini Mills for Rs 163 crore, the company said in a statement. The power major signed a share purchase agreement for acquiring 100% equity share capital of Visual Percept Solar Projects Private Limited, the special purpose vehicle of Blue Daimond and Blarampur Chini, which operates the plant. Torrent said the solar project has a 25-year power purchase agreement with Gujarat Urja Vikas Nigam Ltd. Blue Daimond owns 55% and Balrampur Chini 45% in Visual Percept. Torrent Power currently has [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-467483","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/467483","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=467483"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/467483\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=467483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=467483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=467483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}