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
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
The potential takeover of financially-ailing independent power transmission company South East UP Power Transmission Co Ltd (SEUPPTCL) has attracted expressions of interest from leading names like Adani Group and Torrent Power. SEUPPTCL is undergoing corporate insolvency resolution process under Read more
The Uttar Pradesh government is set to take over the private transmission utility South East UP Power Transmission Company Ltd (SEUPPTCL) that operates a 765kV transmission utility in the northern state. Speaking to the media at a recent press Read more