NHPC completes acquisition of Lanco Teesta Hydro Power
As per approved resolution plan
NHPC has on 09 October 2019 completed the formalities for the takeover of the 500 MW (125 MW X 4) Teesta VI HEP on Teesta River by remitting the resolution plan consideration of Rs 897.50 crore to the account of Lanco Teesta Hydro Power (LTHPL) for distribution to all the creditors as per the approved resolution plan. LTHPL is now a wholly owned subsidiary of NHPC.Powered by Capital Market - Live News
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