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India Power Corporation disinvest 50% stake in Uniper Power Services

09 Jan 2017 Evaluate

India Power Corporation (formerly DPSC) has disinvested its 50% equity stake in India Uniper Power Services, a wholly owned subsidiary of the company to Uniper Kfraftwerke Gmbh (Uniper), a Germany based energy company with effect from January 6, 2017 at the consideration of Rs 2.50 lakh (i.e. 25,000 equity shares at par of Rs 10 each).

India Power Corporation, formerly DPSC, distributes power in the regions of Asansol-Durgapur and Gaya-Bodh Gaya.


Peers
Company Name CMP
NTPC 397.90
Tata Power 433.65
Adani Power 200.80
Power Grid Corp 319.60
Torrent Power 1605.70
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