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India

India's Tata Power Says Prayagraj Power Generation Issues Letter Of Intent To Resurgent Power


Wednesday, 29 Aug 2018 

Aug 29 (Reuters) - Tata Power Company Ltd ::PRAYAGRAJ POWER GENERATION COMPANY LTD (PPGCL) ISSUED LETTER OF INTENT TO RESURGENT POWER VENTURES FOR ACQUISITION OF 75.01% STAKE IN PPGCL.RESURGENT POWER IS JOINT VENTURE BASED OUT OF SINGAPORE AND IS HELD 26% BY TATA POWER AND BALANCE 74% OF HELD BY ICICI BANK AND INVESTORS. 

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