Tata Group, through Tata Power, is reportedly in discussions to acquire the remaining shares of Resurgent Power Ventures Pte from ICICI Venture Funds Management Co., Kuwait Investment Authority, and Oman Investment Authority. The deal values Resurgent at approximately $2.1 billion, including debt. Resurgent’s assets include a significant stake in Prayagraj Power Generation Co. and other power transmission operators.
Tata is said to be in talks to buy out investors in Resurgent
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