India Power Corporation has signed pact with French energy major Engie, to acquire the latter’s 89% stake in Hyderabad-based Meenakshi Energy (MEPL).
MEPL is the thermal power outfit of Meenakshi Group with presence in hydroelectric and biomass-based power generation and other infrastructure sector. MEPL runs a 300 MW coal fired capacity at Krishnapatnam.
India Power Corporation (formerly DPSC) is an integrated energy provider with present operations spread over various states of the country.
| Company Name | CMP |
|---|---|
| NTPC | 397.90 |
| Tata Power | 433.65 |
| Adani Power | 200.80 |
| Power Grid Corp | 319.60 |
| Torrent Power | 1605.70 |
| View more.. | |
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