Mumbai, April 10 -- The platform is valued at an enterprise valuation of approximately Rs 12,468 crore, after adjustments under the share purchase agreements.

The acquired platform comprises of 4,100 MW of Utility scale RE projects and C&I capacity of 596 MW. Of the total platform capacity, 3,722 MW is tied-up under PPAs with high-credit-quality off-takers comprising of both utility scale and commercial and industrial (C&I) customers. While 974 MW of capacity has received Letter of Awards/Intent and are awaiting PPA signing.

The portfolio features a well-diversified energy mix, including 1.8 GW of solar, 0.5 GW of wind 1.6 GW of hybrid and 0.9 GW of complex solutions like firm and dispatch renewable energy (FDRE)/Round-The-Clock (RTC). ...