INDUSLAW is a multi-speciality Indian law firm, advising a wide range of international and domestic clients from Fortune 500 companies to start-ups, and government and regulatory bodies.
Our firm advised Tata Communications Limited (“TCL"), in relation to its investment in Nivade Wind Farm (SPV of Tata Power Renewable Energy Limited) to acquire its 26% of the share capital.
India
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Our firm advised Tata Communications Limited
("TCL"), in relation to its investment in Nivade
Wind Farm (SPV of Tata Power Renewable Energy Limited) to acquire
its 26% of the share capital. The transaction will enable TCL to
procure 40 million units (40 MUs) of renewable energy from its
18.75 MW solar power plant in Solapur, Maharashtra in compliance
with the provisions of Electricity Act 2003 and Electricity Rules,
2005.1
TCL by virtue of signing this power purchase agreement and
procuring renewable energy under its aegis will transition to clean
energy and reduce its annual carbon footprint by more than 30,000
tonne contributing actively to India's ambitious target of
achieving net-zero carbon emissions by 2070.
INDUSLAW is a multi-speciality Indian law firm, advising a wide range of international and domestic clients from Fortune 500 companies to start-ups, and government and regulatory bodies.
