Cyril Amarchand Mangaldas

Cyril Amarchand Mangaldas

News and developments

Cyril Amarchand Mangaldas advised PTC India Ltd in the sale of its subsidiary, PTC Energy Ltd to ONGC Green Limited

PEL has an aggregate operational wind generation capacity of 288.80 MW which is spread over 7 projects which are in Madhya Pradesh, Andhra Pradesh and Karnataka. The Transaction was led by Ritika Rathi, Partner along with Sreetama Sen, Partner, with support from Nooreen HaiderPrincipal Associate; Bhadra Nair, Senior Associate; Aakash Rao, Associate and Esha Goyal, Associate. The transaction document was signed on 13th September, 2024. The closure of deal is subject to fulfilment of CPs of the transaction document.