Khaitan & Co advised Torrent Power Limited on the acquisition of NewZone Power Projects Private Limited and NewZone India Private Limited
The leading law firm Khaitan & Co advised Torrent Power Limited on the acquisition of 100% share capital of NewZone Power Projects Private Limited, 49% share capital of NewZone India Private Limited, and indirect acquisition of 51% of share capital of NewZone India Private Limited. NewZone India Private Limited is involved in the proposed development of a coal-based thermal power project located at Anuppur, Madhya Pradesh.
The firm acted as the legal counsel of Torrent Power Limited, providing end-to-end legal support on the transaction, including legal due diligence, structuring, drafting, negotiating, and finalizing transaction documents.
The Khaitan & Co team consisted of Dibyanshu (Partner), with support from Prateek Bhandari (Counsel) and Srijita Jha (Principal Associate). The team also included Ishita Gupta (Principal Associate) and Abhishek Sharma (Associate), who assisted on legal due diligence aspects.
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