Prayagraj Power Generation Company

India

Activity by year

201820192020202120222023202420252026

Acquisition

Announcements · 3

Nov 16, 2018ACQUISITIONUttar Pradesh, India
Tata Power-led venture buys 75.01% stake in Bara power plant
Resurgent Power Ventures, a joint venture led by Tata Power, agreed to purchase a 75.01% stake in Prayagraj Power Generation Company Limited, which owns the 1,980MW Bara supercritical power plant in Uttar Pradesh, India. The transaction is subject to regulatory approvals.
Tata Power investor Resurgent Power Ventures acquirer Prayagraj Power Generation Company target #Power Generation Equipment asian-power.com
Nov 15, 2018ACQUISITIONBara tehsil, Allahabad district, Uttar Pradesh, India$1.66B
Resurgent Power to buy 75% stake in Prayagraj thermal power project
Resurgent Power, a JV backed by Tata Power, signed a share purchase agreement to acquire a 75% stake in Prayagraj Power Generation, which operates the 1.9 GW Bara Thermal Power Project in Uttar Pradesh, India. The transaction is valued at an enterprise level of INR 120 billion ($1.66 billion).
Tata Power investor Prayagraj Power Generation Company target Resurgent Power acquirer Jaiprakash Power Ventures target #Power Generation Equipment nsenergybusiness.com
Aug 31, 2018ACQUISITIONUttar Pradesh, India$850.0M
Resurgent Power Ventures to acquire 75.01% stake in Prayagraj Power Generation
Lenders of Prayagraj Power Generation Company agreed to divest a 75.01% stake to Resurgent Power Ventures, a Singapore-based joint venture.
Tata Power investor Resurgent Power Ventures acquirer Prayagraj Power Generation Company target #Power Generation Equipment power-technology.com asian-power.com

Dealingsⓘ

Acquired by

Resurgent Power Ventures2× · 2018
Resurgent Power2018

Loading…