Feb 16 (Reuters) - India's Torrent Power said on Monday it will buy a coal-fired power plant operator in northern India from ...
The acquisition comes as India’s power generation capacity expands rapidly amid rising electricity demand.
The coal-based Nabha power plant houses two supercritical units of 700 Megawatt capacity each at Rajpura in Patiala district, Punjab ...
Torrent Power will acquire Nabha Power for 68.89 billion rupees, expanding coal capacity and entering northern India.
Torrent Power shares fell 3.77% to Rs 1427.5 today against the previous close of Rs 1483.30. Market cap of the firm slipped ...
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