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IndiaGrid Trust has entered into an agreement to acquire how much per cent stakes in FRV Andhra Pradesh Solar Farm-I Pvt Ltd and FRV India Solar Park II – Pvt Ltd from FRV Solar Holdings XI B.V?

IndiaGrid Trust has entered into an agreement to acquire how much per cent stakes in FRV Andhra Pradesh Solar Farm-I Pvt Ltd and FRV India Solar Park II – Pvt Ltd from FRV Solar Holdings XI B.V? Correct Answer 100

The correct answer is 100%.

  • IndiaGrid Trust has entered into an agreement to acquire 100% stakes in FRV Andhra Pradesh Solar Farm-I Pvt Ltd and FRV India Solar Park II – Pvt Ltd from FRV Solar Holdings XI B.V.
  • IndiaGrid, an infrastructure investment trust (InvIT), is making the acquisition at an enterprise value of ₹660 crores.
  • The two projects comprise of 50 MW of solar assets each.

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