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Wednesday, July 10, 2013

DLF sells 150-MW Kutch wind farm for Rs 325 cr

Coimbatore: As part of its efforts to exit from non-core business, DLF Ltd has completed the transfer of 150-MW capacity wind power project in Kutch, Gujarat, to BLP Vayu (Project 1) Pvt Ltd, a subsidiary of Bharat Light & Power Pvt Ltd, including related assets and liabilities along with relevant long-term loans on ‘as is where is basis’ by way of slump-sale for a lumpsum consideration of Rs 325.38 crore.

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