Dealstreet

K Law, JSA on IDFC Alternatives acquisition of Jindal wind power biz

Bar & Bench

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.

DealIDFC Alternatives acquires JSPL’s wind power business
Value105 crore
Deal TypeM&A
SectorInfrastructure
Law FirmsK Law – IDFC Alternatives; JSA– JSPL
Partners/HeadsK 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.

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