Trilegal and Vaish act on TAQA’s acquisition of Jaypee Group’s hydro-power plants for Rs. 10,000 crore

Abu Dhabi National Energy Company (TAQA) led consortium shall be acquiring Jaiprakash Power Ventures’ two hydro-electric power plant, Baspa Stage II and Karcham Wangtoo by investing Rs. 10,000 crore ($1.6 billion) making it one of the biggest FDI transaction in Indian power sector.