{"id":650651,"date":"2025-10-31T08:41:28","date_gmt":"2025-10-31T03:11:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=650651"},"modified":"2025-10-31T08:49:36","modified_gmt":"2025-10-31T03:19:36","slug":"megha-engineering-unit-to-acquire-neyveli-power-from-abu-dhabis-taqa","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/megha-engineering-unit-to-acquire-neyveli-power-from-abu-dhabis-taqa\/","title":{"rendered":"Megha Engineering unit to acquire Neyveli Power from Abu Dhabi\u2019s TAQA"},"content":{"rendered":"<p>A Megha Engineering and Infrastructures (MEIL) unit has acquired a 100% stake in TAQA Neyveli Power from Abu Dhabi National Energy Company PJSC for Rs. 926 crore, investment banking sources told ET.<\/p>\n<p>The acquisition by MEIL Energy, a wholly owned subsidiary of MEIL, underscores the transition of the group from an engineering, procurement and construction (EPC) conglomerate to a developer, owner and operator of core infrastructure assets, the company said in an official release that did not divulge financial details.<\/p>\n<p>TAQA Neyveli owns and operates a 250 megawatt lignite-fired power plant located in Neyveli, Tamil Nadu. The power plant has a long-term power offtake commitment with the state discom.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Megha Engineering and Infrastructures (MEIL) unit has acquired a 100% stake in TAQA Neyveli Power from Abu Dhabi National Energy Company PJSC for Rs. 926 crore, investment banking sources told ET. The acquisition by MEIL Energy, a wholly owned subsidiary of MEIL, underscores the transition of the group from an engineering, procurement and construction (EPC) conglomerate to a developer, owner and operator of core infrastructure assets, the company said in an official release that did not divulge financial details. TAQA Neyveli owns and operates a 250 megawatt lignite-fired power plant located in Neyveli, Tamil Nadu. The power plant has [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-650651","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/650651","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=650651"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/650651\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=650651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=650651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=650651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}