{"id":478892,"date":"2022-03-26T09:09:50","date_gmt":"2022-03-26T03:39:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=478892"},"modified":"2022-03-26T09:36:08","modified_gmt":"2022-03-26T04:06:08","slug":"torrent-acquires-50-mw-solar-power-plant-from-lightsource-for-rs-300-cr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/torrent-acquires-50-mw-solar-power-plant-from-lightsource-for-rs-300-cr\/","title":{"rendered":"Torrent acquires 50 Mw solar power plant from Lightsource for Rs 300 cr"},"content":{"rendered":"<p>Torrent Power Limited on Friday announced completion of a Rs 300 crore acquisition of a 50 Mw solar power plant run by the special purpose vehicle held jointly by Lightsource Renewable Energy, British Petroleum and UK Climate Investments LLP (UKCI).<\/p>\n<p>Pursuant to a securities purchase agreement with Lightsource India Limited and Lightsource Renewable Energy (India) Limited, Torrent Power completed a transaction of acquisition of 100 per cent of the share capital and all securities of LREHL Renewables India SPV 1 Private Limited (SPV).<\/p>\n<p>Lightsource Renewable Energy (India) Limited is a 100 per cent subsidiary of LSBP, a Lightsource Renewable Energy and British Petroleum partnership which holds 51 per cent stake in Lightsource India Limited with the remaining 49 per cent held by UK Climate Investments LLP (UKCI).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Torrent Power Limited on Friday announced completion of a Rs 300 crore acquisition of a 50 Mw solar power plant run by the special purpose vehicle held jointly by Lightsource Renewable Energy, British Petroleum and UK Climate Investments LLP (UKCI). Pursuant to a securities purchase agreement with Lightsource India Limited and Lightsource Renewable Energy (India) Limited, Torrent Power completed a transaction of acquisition of 100 per cent of the share capital and all securities of LREHL Renewables India SPV 1 Private Limited (SPV). Lightsource Renewable Energy (India) Limited is a 100 per cent subsidiary of LSBP, a Lightsource Renewable Energy [&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-478892","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\/478892","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=478892"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/478892\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=478892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=478892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=478892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}