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AGEL has signed definitive agreements for 100% acquisition of SB Energy Holdings Limited ("SB Energy India") . Projects are contracted to sell power under 25 years PPAs with sovereign rated counterparties. The transaction is for a fully completed enterprise valuation of approximately USD 3.5 billion (~Rs. 26,000 Cr.)This transformational acquisition will enable AGEL to reach renewable portfolio of 25 GW four years ahead of the target.