Torrent Power Limited has entered into a definitive agreement with L&T Power Development Limited, a wholly owned subsidiary of Larsen & Toubro Limited, to acquire 100 per cent equity stake and convertible instruments in Nabha Power Limited for a value of Rs 68.89 billion.
Nabha Power is a fully contracted thermal power asset and reported revenue of Rs 48.66 billion in 2024-25. Following completion, Torrent Power’s operational capacity is expected to increase from about 5 GW to 6.4 GW.
100 MW Powerica project marks the India debut of GE Vernova’s 3.8 MW–154m workhorse turbine, optimized for reliability and scale...
Mumbai : The Government of India has appointed Shri V. Packirisamy as Director (Commercial) at Power Finance Corporation Limited (PFC),...
Vadodara : Greenply Industries Limited has commissioned its second Power Purchase Agreement (PPA) at the Vadodara manufacturing facility, drawing electricity from...
New gallium nitride (GaN)-based power semiconductors from STMicroelectronics are designed to improve efficiency and increase power density in high-demand applications...
Mumbai, India : LTM has entered a strategic partnership with SSP Group, a leading operator of food and beverage outlets in...
© 2016 – 2025 TechZone Print Media | All Rights Reserved
