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The Competition Commission of India approved Torrent Power's proposal to acquire 100% of Nabha Power Ltd from L&T Power Development Ltd for an enterprise value of Rs 6,889 crore. Nabha Power operates a 2x700 MW thermal power plant in Rajpura, Punjab.
L&T Power Development Ltd agreed to sell 100% of Nabha Power Ltd, which operates a 1,400 MW coal-fired power plant in Rajpura, Punjab, to Torrent Power Ltd, subject to regulatory approvals.
L&T Power Development Ltd built the 1,400-MW Nabha Power Plant in Rajpura, Punjab, India, completing it in 54 months. The plant is one of India's most efficient coal-fired plants and won a POWER Top Plant award.
| Site | Largest | Latest |
|---|---|---|
| Rajpura, India | 2017-10-01 |