Reportedly, Torrent Power Limited is in talks to acquire the thermal power business of Larsen & Toubro (L&T) Limited for approximately USD1 billion, including debt.
The proposed transaction is being facilitated with the support of financial advisers, as L&T seeks to divest its non-core thermal assets and focus on its core engineering and construction operations. The sale is expected to help L&T reduce its overall debt.
Power Grid Corporation of India Limited (POWERGRID) has received a letter of intent (LoI) under the tariff-based competitive bidding (TBCB)...
Tata Power Renewable Energy Limited (TPREL) has commissioned its 100.8 MW Jewali wind project in Dharashiv district, Maharashtra. The electricity...
REC Power Development and Consultancy Limited (RECPDCL) has transferred two project-specific special purpose vehicles (SPVs) for inter-state transmission projects to...
Grenergy has signed a power purchase agreement (PPA), securing a 15-year contract to supply 1 TWh of electricity annually to...
Integrals Power has been selected to manufacture and supply more than 150 kg of its patented Lithium Manganese Iron Phosphate...
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