Resurgent Power Ventures Pvt Ltd (Resurgent Power) has completed the acquisition of South East UP Power Transmission Company Ltd (SEUPPTCL) and has settled the debt of all existing creditors as per the terms of the Resolution Plan. The development Read more
Pursuant to the letter of intent issued by lenders of NRSS XXXVI Transmission Ltd, Resurgent Power Ventures Pte Ltd has completed the acquisition, and settled debt of the lender, of NRSS XXXVI. The transaction is part of stressed asset Read more
The resolution professional of South East UP Power Transmission Company Ltd (SEUPPTCL), has issued a letter of intent selecting Resurgent Power Ventures Pte Ltd as a successful resolution applicant under IBC proceedings. The transaction, subject to customary approvals and Read more
Resurgent Power, a joint venture of Tata Power, has been selected to acquire 100 per cent equity holding in “NRSS XXXVI Transmission Ltd,” a financially-stressed interstate power transmission asset. In a release, Tata Power said that lenders of NRSS Read more