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Kochhar & Co. advises Atria Group in obtaining a majority stake in United Telecom Group’s entity towards development of wind energy based renewable power projects in Madhya Pradesh

Kochhar & Co. represented the Atria Group in a transaction with Betul Wind Farms Limited, part of the United Telecom Group. The instant transaction entailed the development of a 49.5 MW wind energy based renewable power project, and (ii) establishing a special purpose vehicle for the development of a 50 MW wind energy based renewable power project, both in Madhya Pradesh.

The Atria Group acquired majority shareholding in Betul Wind Farms Limited and equal stake in the special purpose vehicle. Once both the projects are completed, the Atria Group and United Telecom Group have agreed to swap their entire shareholding in each entity to assume 100% control of the 50MW and 49.5MW projects respectively.

Kochhar & Co. assisted the Atria Group in drafting, negotiating and finalizing separate definitive agreements for both the transactions. Its team comprised of Mr. Harry Chawla (Senior Partner) and Mr. Vinu Peter Immanuel (Senior Associate).



Kochhar & Co. advises the Bangalore based Atria Group in its acquisition of Blyth Wind Park to establish a wind energy based renewable power project in Andhra Pradesh

Kochhar & Co. represented the Atria Group in the acquisition of Blyth Wind Park Private Limited, part of the Ecoren Group. The company is in the process of establishing 25.6MW wind energy based renewable power project in Andhra Pradesh.

Kochhar & Co. assisted in drafting the definitive agreements for the instant transaction. Its team comprised of Mr. Harry Chawla (Senior Partner) and Mr. Vinu Peter Immanuel (Senior Associate).

 
 

 
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