{"id":476219,"date":"2022-03-16T17:09:28","date_gmt":"2022-03-16T11:39:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=476219"},"modified":"2022-03-16T17:09:28","modified_gmt":"2022-03-16T11:39:28","slug":"torrent-power-enters-into-spa-for-51-in-dadra-nagar-haveli-and-daman-diu-power-distribution","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/torrent-power-enters-into-spa-for-51-in-dadra-nagar-haveli-and-daman-diu-power-distribution\/","title":{"rendered":"Torrent Power enters into SPA for 51% in Dadra-Nagar Haveli and Daman-Diu power distribution"},"content":{"rendered":"<p>Torrent Power Ltd on Wednesday said it has entered into a share purchase agreement (SPA) and<\/p>\n<p>Shareholders agreement (SHA) with Union Territory of Dadra and Nagar Haveli and Daman and Diu and Dadra and Nagar Haveli and Daman and Diu Power Distribution Corp Ltd for purchase of 51% equity of the firm.<\/p>\n<p>The SPV will be responsible for distribution and retail supply of electricity and holds distribution license in the Union Territory of Dadra and Nagar Haveli and Daman and Diu (DNH &amp; DD), an official statement said.<\/p>\n<p>With the addition of DNH &amp; DD, Torrent will distribute nearly 24 billion units of electricity per annum to over 3.85 million customers and cater a peak demand of over 5,000 Mw.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Torrent Power Ltd on Wednesday said it has entered into a share purchase agreement (SPA) and Shareholders agreement (SHA) with Union Territory of Dadra and Nagar Haveli and Daman and Diu and Dadra and Nagar Haveli and Daman and Diu Power Distribution Corp Ltd for purchase of 51% equity of the firm. The SPV will be responsible for distribution and retail supply of electricity and holds distribution license in the Union Territory of Dadra and Nagar Haveli and Daman and Diu (DNH &amp; DD), an official statement said. With the addition of DNH &amp; DD, Torrent will distribute nearly 24 [&hellip;]<\/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":[132],"tags":[],"class_list":["post-476219","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/476219","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=476219"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/476219\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=476219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=476219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=476219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}