Resurgent Power is a joint venture of ICICI Bank and Tata Power, while PPGCL is a subsidiary of Gaur's Jaiprakash Power Ventures Ltd which has been shedding assets to cut debt.
The post Tata Power-ICICI Bank joint venture acquires Prayagraj Power Generation; to take over Rs 6,000-cr debt of company appeared first on Firstpost.
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