JSW Neo Energy acquires Virya Infrapower for Rs 75.4 million
JSW Neo Energy Limited has completed the acquisition of a 100 per cent equity stake in Virya Infrapower Private Limited for an enterprise value of Rs 75.4 million. The transaction, finalized on the same day as the signing of the share purchase agreement (SPA), was executed through a 100 per cent cash consideration, subject to post-closing adjustments. With this acquisition, JSW Neo Energy gains access to a ready renewable power site with the necessary infrastructure…