Tata Power JV wins bid for SEUPTCL under bankruptcy resolution

Resurgent Power Ventures Pte Limited, a joint venture backed by Tata Power, has been selected as the successful bidder for South East UP Power Transmission Company Limited under IBC proceedings. The enterprise value is over ₹6,000 crore.

“Tata Power-backed joint venture, Resurgent Power Ventures Pte Limited (Resurgent Power) becomes a successful bidder for the South East UP Power Transmission Company Limited (SEUPTCL) under IBC proceedings.”livemint.com

• 1 source
• livemint.comTata Power's Singapore JV wins bid for SEUPTCL under bankruptcy resolution | Company Business NewsLivemintMar 9, 2022

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