Actis drops plan to acquire Essels’s solar power projects

Actis LLP has dropped its plan of acquiring Essel Infraprojects Limited’s (EIL) solar power projects. Earlier, in May 2018, Actis was in talks to buy 685 MW capacity of EIL’s installed and under construction solar power projects at an enterprise value Rs 47 billion. Currently, ACME Solar Holdings Limited has initiated talks with EIL for acquiring the 685 MW capacity solar power projects.

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