Torrent Power signs agreement with Siemens Gamesa Renewable Power

For setting up 120 MW wind power projects and acquisition of two SPVs

Torrent Power has entered into a contract with Siemens Gamesa Renewable Power for setting up of wind power projects upto an aggregate capacity of 120 MW.

The arrangement includes acquiring of the 100% share capital of the two SPVs established for the purpose of development and implementation of the said projects at Rs 1 lakh each from Siemens Gamesa Renewable Power.

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