Talwar Thakore and Associates along with Cyril Amarchand Mangaldas advised on JSW Energy’s acquisition of Tidong Power Generation Power Limited.
This acquisition adds to the hydroelectric generation capacity of JSW Energy. The acquisition of the project housed under the target entity shall significantly augment JSW’s capacity in the state of Himachal Pradesh and will help JSW Energy in achieving its renewable-led capacity growth target of 30 GW by FY 2030.
Talwar Thakore & Associates (TT&A) advised JSW Energy Ltd, through its subsidiary, JSW Neo Energy Limited, in an 100% acquisition of the share capital of Tidong Power Generation Power Limited from Statkraft IH Holding AS.
The TT&A Deal team comprised Joint Managing Partner Gautam Saha, Partners Punita Gupta & Akshay Malhotra, Managing Associate Kush Saggi, Senior Associates Abhilasha Gupta, Prerna Raturi & Aishik Majumder, & Associates Sajjan Singh Chouhan & Kopal Bhargava.
The TT&A Competition team included Partner Sonam Mathur, Managing Associate Shubhang Joshi and Associate Srivaishnavi R.
Cyril Amarchand Mangaldas advised the seller Statkraft on this transaction.
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