Torrent Power acquires 156 MW wind power plants from CESC for Rs 790 Cr Torrent Power has entered into a Share Purchase Agreement with CESC Limited, Haldia Energy Limited and other Nominal Shareholders for the acquisition of 100% of the share capital of Surya Vidyut Limited, wholly owned subsidiary of CESC Limited. Surya Vidyut operates 156 MW Wind power plants (the Projects), spread across the states of Gujarat, Rajasthan and Madhya Pradesh. Long-term Power Purchase Agreements (PPAs) for the Projects are with respective State Discerns for a period of 25 years, with weighted average PPA tariff of Rs. 4.68/ kWh. "Enterprise Value estimated for this acquisition is about Rs 790 Cr., subject to Closing Price Adjustments. The acquisition is further subject to customary conditions for transaction closure," the company said in a BSE filing.