Tata Power JV firm Resurgent Power to acquire NRSS XXXVI transmission project

Tata Power JV firm Resurgent Power to acquire NRSS XXXVI transmission project

Tata Power said that Resurgent Power Ventures, its Singapore-based joint venture (JV) with an investor group, has been chosen as lender’s nominee to acquire 100% of NRSS XXXVI Transmission Limited (NRSS XXXVI), a northern Indian transmission project. In this connection, PTC India Financial Services has issued a letter of intent (LOI) to Resurgent Power Ventures. […]