MEIL Energy buys 100% stake in 250 MW power plant in Neyveli, Tamil Nadu; boosts power generation portfolio to 5.2 GW

MEIL Energy Private Limited, a subsidiary of energy-to-infra conglomerate Megha Engineering & Infrastructures Limited (MEIL), has completed the purchase of a 250 MW lignite-fired power plant located in Neyveli, Tamil Nadu.

MEIL Energy has purchased a 100% stake in the TAQA Neyveli Power Company Private Limited, buying the entity from its previous owner, the Abu Dhabi National Energy Company PJSC (TAQA).