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Parjanya Wind Power Private Limited, a wholly owned subsidiary of India Infrastructure Fund II (a fund promoted by IDFC Alternatives) has acquired Jindal Steel and Power Limited’s (JSPL) 24MW wind power business for Rs. 105 crore.
|Deal||IDFC Alternatives acquires JSPL’s wind power business|
|Law Firms||K Law – IDFC Alternatives; JSA– JSPL|
|Partners/Heads||K Law – Pradeep Ratnam and Sanket Sethia; JSA – Manwinder Singh|
Krishnamurthy & Co acted for IDFC Alternatives through a team led by Partners Pradeep Ratnam and Sanket Sethia, along with Associate Partners M. Arun Kumar, Deepak Chowdhury and Milind Jha.
J Sagar Associates represented JSPL, through a team led by Partner Manwinder Singh.