{"id":44394,"date":"2024-09-26T06:30:55","date_gmt":"2024-09-26T06:30:55","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=44394"},"modified":"2024-09-26T06:31:14","modified_gmt":"2024-09-26T06:31:14","slug":"cyril-amarchand-mangaldas-advised-ptc-india-ltd-in-the-sale-of-its-subsidiary-ptc-energy-ltd-to-ongc-green-limited","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/cyril-amarchand-mangaldas-advised-ptc-india-ltd-in-the-sale-of-its-subsidiary-ptc-energy-ltd-to-ongc-green-limited\/","title":{"rendered":"Cyril Amarchand Mangaldas advised PTC India Ltd in the sale of its subsidiary, PTC Energy Ltd to ONGC Green Limited"},"content":{"rendered":"<p><strong>Cyril Amarchand Mangaldas (CAM) advised PTC India Ltd, a listed company (&#8220;PTC) in the sale of its subsidiary, PTC Energy Ltd (&#8220;PEL&#8221;) to ONGC Green Limited (&#8220;ONGC&#8221;) through a bidding process.<\/strong> <!--more-->PEL has an aggregate operational wind generation capacity of 288.80 MW which is spread over 7 projects which are in Madhya Pradesh, Andhra Pradesh and Karnataka.<\/p>\n<p>The Transaction was led by <strong>Ritika Rathi, <\/strong><em>Partner <\/em>along with <strong>Sreetama Sen<\/strong><em>, Partner, w<\/em>ith<em>\u00a0<\/em>support from <strong>Nooreen Haider<\/strong>,\u00a0<em>Principal Associate;<\/em>\u00a0<strong>Bhadra Nair,\u00a0<\/strong><em>Senior Associate<strong>; <\/strong><\/em><strong>Aakash Rao,<\/strong><em>\u00a0Associate\u00a0<\/em>and <strong>Esha Goyal,<\/strong><em> Associate.<\/em><\/p>\n<p>The transaction document was signed on 13th September, 2024. The closure of deal is subject to fulfilment of CPs of the transaction document.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-44394","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/44394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=44394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}