Resurgent Power acquires South East UP Power Transmission Company via insolvency processSEUPPTCL was incorporated as a special purpose vehicle formed by UP Power Transmission Company Limited (UPPTCL) on September 11, 2009 to im...
17 Sep, 2022, 02.08 PM IST
Nod to Tata Power JV's takeover of UP Transmission CoSouth East UP Power Transmission Company by Resurgent Power Ventures, a JV between Tata Power and ICICI Bank. It had emerged as the highest...
03 Aug, 2022, 12.28 AM IST
Tata Power up 3% as JV wins bid to buy UP power transmission coTata Power’s counter climbed to a high of Rs 235.85 as against Rs 229.25 at previous close on the National Stock Exchange.
10 Mar, 2022, 10.25 AM IST
Tata Power's Singapore JV wins bid to acquire SEUPTCLTata Power holds 26 per cent stake in the joint venture through its wholly-owned Singapore-based arm Tata Power International Pte Ltd. The ...
09 Mar, 2022, 08.22 PM IST
Tata Power, resurgent outbid others for Southeast UP PowerThe joint venture's offer was better than the bids of Adani Transmission, Power Grid Corp and Sterlite Power. Another bidder, state-run REC...
05 Feb, 2022, 11.47 PM IST
Resurgent to acquire 100% stake in a northern transmission projectAccording to the statement, the transaction is a part of stressed transmission asset resolution process initiated by PFS through a competit...
13 Nov, 2021, 05.54 PM IST
Tata Power highest bidder for UP Transco with ₹3,000-crore offerSouth East UP Power Transmission Company was admitted for Insolvency and Bankruptcy Code (IBC) proceedings by the National Company Law Trib...
02 Nov, 2021, 10.49 PM IST
Bidders make financial offers in the range of Rs 2,600-3,000 crore for Transco in UPFour bidders—Tata Power, Adani, Power Grid Corporation of India and Sterlite—have submitted binding bids for the transmission company, ET h...
07 Sep, 2021, 10.09 AM IST
Tata Power-ICICI Bank JV acquires Manoj Gaur's Prayagraj power projectRenascent Power Ventures Pvt Ltd, the wholly-owned subsidiary of Resurgent Power Ventures Pte, has acquired 75 per cent stake in Prayagraj ...
04 Dec, 2019, 08.21 PM IST
APTEL approves acquisition of Prayagraj power project by Tata Power JVAPTEL has upheld approval granted for transfer of 75.01 per cent ownership of Prayagraj power project to Renascent Venture but without any ...
30 Sep, 2019, 04.37 PM IST
ArcelorMittal, Resurgent said to mull joint bid for Essar plantThe companies have held preliminary talks on a potential joint bid for the 1,200-megawatt power plant in Madhya Pradesh, sources said.
27 May, 2019, 11.59 PM IST
Resurgent Power acquires 75% Jaypee's Prayagraj Power; first stressed asset to be resolvedThis transaction is the result of stressed asset resolution process initiated by the lenders through a competitive bidding process, it said.
14 Nov, 2018, 09.29 PM IST
Tata's backed Resurgent Power makes better offer for Prayagraj PowerJSW Energy’s offer is laced with conditions that make it less attractive, said two senior bank officials who did not want to be identified.
27 Aug, 2018, 08.52 AM IST
JP Power surges as potential buyers bid for stake in company; retreatsThe people said both have bid about Rs 7,000 crore, lower that the lenders’ expectation of about Rs 10,000 crore, for a stake in the compan...
31 Oct, 2017, 04.09 PM IST
ICICI Bank shares slump 3% after announcing investment in Resurgent Power VenturesAt 09:43 am, shares of the bank were trading at Rs 265.70 apiece, down 3.08 per cent from its previous close on the Bombay Stock Exchange (...
12 Sep, 2016, 10.27 AM IST
ICICI Bank to pick up 10% stake in Resurgent PowerOther investors in the platform are Caisse de dépôt et placement du Québec of Canada, Kuwait Investment Authority and State General Reserve...
10 Sep, 2016, 07.38 PM IST
Tata Power, ICICI Venture team up, eye power assetsWhile ICICI will be responsible for organising equity and debt financing, Tata Power will manage operations of the coal-fired and hydro pow...
10 Sep, 2016, 12.34 PM IST