Torrent Power acquires 50 MW Solar Power Plant from Lightsource bp and UKCI for Rs 300 crore
Torrent Power Limited has acquired 100% stake in Lightsource Renewable Energy (India) Limited for Rs 300 crore. Lightsource Renewable operates a 50 MW solar power plant in the state of Maharashtra.
It has a long-term Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited for full capacity for a period of 25 years at a tariff of Rs. 4.43/ kWh.
"With the acquisition of 50 MW Solar Power Plant, Torrent Power's total generation capacity, including under deve ..
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