Torrent Power secures CCI’s approval for Nabha Power acquisition
Nabha Power operates a 2x700 Megawatt supercritical thermal power plant at Rajpura, Punjab, since 2014
Torrent Power has secured Competition Commission of India’s (CCI) approval for proposed acquisition of 100% equity shares and non-cumulative optionally convertible redeemable preference shares in Nabha Power from L&T Power Development. Nabha Power is a wholly owned subsidiary of L&T Power Development and operates a 2x700 Megawatt supercritical thermal power plant at Rajpura, Punjab, since 2014.
Torrent Power is an integrated utility engaged in the business of power generation, transmission and distribution with operations in the states of Gujarat, Maharashtra and Uttar Pradesh.
