{"id":523138,"date":"2022-09-19T11:40:26","date_gmt":"2022-09-19T06:10:26","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=523138"},"modified":"2022-09-19T11:40:26","modified_gmt":"2022-09-19T06:10:26","slug":"resurgent-power-acquires-south-east-up-power-transmission-company","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/resurgent-power-acquires-south-east-up-power-transmission-company\/","title":{"rendered":"Resurgent Power acquires South East UP Power Transmission Company"},"content":{"rendered":"<p>Resurgent power ventures, in which Tata Power holds a 26% stake, on Saturday said that it has completed the acquisition of South East UP Power Transmission Company through an insolvency process.<\/p>\n<p>As per the resolution plan, the transaction entailed payment for one-time settlement of outstanding debt and purchase of equity shares for a consideration of Rs 3,251 crore and payout of existing cash balance of SEUPPTCL.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Resurgent power ventures, in which Tata Power holds a 26% stake, on Saturday said that it has completed the acquisition of South East UP Power Transmission Company through an insolvency process. As per the resolution plan, the transaction entailed payment for one-time settlement of outstanding debt and purchase of equity shares for a consideration of Rs 3,251 crore and payout of existing cash balance of SEUPPTCL.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-523138","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/523138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=523138"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/523138\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=523138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=523138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=523138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}