•  •  Dark Mode

Your Interests & Preferences

I am a...

law firm lawyer
in-house company lawyer
litigation lawyer
law student
aspiring student

Website Look & Feel

 •  •  Dark Mode
Blog Layout

Save preferences

Khaitan acts on $89.7m FRV solar assets sale to India Grid

FRV Group entered into definitive agreements with India Grid Trust, with IndiGrid Investment Managers Limited acting as Investment Manager for India Grid Trust, for sale of 100% securities holding in FRV Andhra Pradesh Solar Farm-I Private Limited & FRV India Solar Park II – Private Limited, each operating a 50MW solar power project in Andhra Pradesh, according to reports.

Infrastructure investment trust IndiGrid said it has inked an agreement to acquire 100% stake in two projects of FRV Solar Holdings for ₹660 crore.


Khaitan & Co advised FRV Group led by a team of partner Dibyanshu, principal associate Prateek Bhandari, senior associate Sagar B M and senior associate Nikesh Tyagi.


Deal value: Approx. INR 660 crores, subject to adjustments

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

No comments yet: share your views