In Short : Oil and Natural Gas Corporation (ONGC) has successfully secured the bid to acquire PTC India’s wind power unit for a total of Rs 925 crore. This strategic move allows ONGC to strengthen its foothold in the renewable energy sector, aligning with the global shift towards sustainable energy sources. The acquisition also signifies […]
NTPC acquires 600MW Jhabua power plant for Rs 925 crore – EQ Mag Pro
This is the first acquisition of a power asset by NTPC through NCLT route, a step forward in accomplishing NTPC’s long-term capacity targets, it stated. State-owned power giant NTPC in Monday announced the acquisition of 600-MW Jhabua Power Plant for Rs 925 crore, which is its first such deal through insolvency proceedings. “NTPC Ltd… Has […]