Saturday, February 20, 2021

Torrent Power emerges highest bidder for majority stake in DNH electricity distribution cos

The company outbid firms like Adani Transmission, CESC and ReNew Power who submitted price bids, the sources said. "The winning bid is three times the reserve price of Rs 151 crore," they said. A formal announcement by Torrent Power and nodal agency PFC Consulting Ltd is expected soon.

from Energy-Industry-Economic Times https://ift.tt/3dxIVem

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