Punjab: L&T sells Nabha Power Ltd to Torrent Power Ltd for ₹3,660 crore
L&T Power Development Ltd, a wholly-owned subsidiary of infrastructure major Larsen & Toubro (L&T), on Monday agreed to sell its 100% stake in Nabha Power Ltd (NPL) to Ahmedabad-based Torrent Power Ltd for ₹3,660 crore.
NPL owns and operates the 1,400 megawatt (2 X 700 MW) supercritical coal-fired thermal power plant at Rajpura in Patiala district.
