IndusLaw acts on AMP Solar, Suzlon JV

Toronto-based AMP Solar has acquired 49% equity in Rudhra Solarfarms Limited, an SPV set up by Suzlon Energy Limited to develop a solar PV project of 15 MW in Telangana.

Deal
AMP Solar acquires 49% in Rudhra Solarfarms with an option to acquire Suzlon’s remaining stake in the project SPV in the future subject to regulatory requirements.

Value
14 crore

Dealtype
Joint Venture

Sector 
Power

Law firms
IndusLaw - AMP Solar

Partners/Heads
IndusLaw- Avirup Nag, AMP . . .

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