SAM, Khaitan lead on CLP India acquisition of 3 transmission assets of Kalpataru Power

Bar & Bench July 27 2019
CLP India acquisition of 3 transmission assets of Kalpataru Power

Hong Kong-based CLP India Pvt Ltd (CPL) has acquired three transmission assets of Kalpataru Power Transmission Ltd including Kalpataru Satpura Transco Private Limited (KSTPL), Alipurduar Transmission Limited (ATL) and Kohima-Mariani Transmission Limited (KMTL).

The enterprise value of the transaction is approximately USD 478 million.

Shardul Amarchand Mangaldas advised CPL and the team was led by Partner Deepto Roy, along with Senior Associates Dnyanraj Desai and Abhijit Mukherjee, and Associates Pranav Nanda, Kranthi Mamidanna, and Manushi Desai.

Khaitan & Co advised Kalpataru Satpura Transco and the team was led by Partner Shivanshu Thapliyal.