Torrent Power buys L&T’s Punjab plant in Rs 7,000 crore deal
Torrent Power is acquiring L&T’s Punjab coal plant for Rs 6,889 crore, marking its significant entry into North India’s power market. This Rs 3,661 crore cash deal, which also assumes Rs 3,228 crore debt, will boost Torrent’s operational capacity to 6.4GW.🕒 1 min read
Torrent Power is acquiring L&T’s Punjab coal plant for Rs 6,889 crore, marking its significant entry into North India’s power market. This Rs 3,661 crore cash deal, which also assumes Rs 3,228 crore debt, will boost Torrent’s operational capacity to 6.4GW.
Continue Reading
- Gulf crisis: IndiGo grounds flights to six overseas destinations amid cost pressures
- Jharkhand Schools Shut Till Jan 8, Pre-Board Exam Decisions Left To Schools
- GST revamp: Industry leaders expect reforms to boost GDP; spur demand and cushion US tariff impact
- Gunfire Near White House, Secret Service Shoots 1, Bystander Also Shot
-
“Reflects Our Commitment To Nation Building”: Adani Group On Moody’s Upgraded Rating
-
Tata Capital’s $1.7 Billion IPO Opens, India’s Biggest Listing This Year
- Ashwini Vaishnaw Suspends 4 After Dilapidated Train Sent To Pick Soldiers
- Saligao taxi owners meet MLA, demand scrapping of cab aggregator plan
- India And Russia Will Take Bilateral Trade To $100 Billion: Putin
-
You Don’t Contain Greats Like Virat Kohli, They Have It Their Way: Kyle Jamieson