Sembcorp Industries to acquire 45 pct stake in NCC-Gayatri power project for Rs 848 crores

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Sembcorp Industries will hold 45 pct of NCCPP while remaining 55 pct will be held by NCCIHL. PTI Sembcorp Industries will hold 45 pct of NCCPP while remaining 55 pct will be held by NCCIHL. PTI
SummarySembcorp Industries will hold 45 pct of NCCPP while remaining 55 pct will be held by NCCIHL.

also be entered into giving Sembcorp the right and obligation to take an incremental 20 per cent stake in NCCPP and an incremental 16 per cent stake in TPCIL respectively, subject to and upon the respective projects having obtained requisite formal approvals by relevant authorities in India.

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