Corporate Announcement
Security Code : 533098    Company : NHPC    
 
Announcement Under Regulation 30- Update (Takeover Of M/S Lanco Teesta Hydro Power Limited By NHPC)Download PDF Download XBRL
  Exchange Received Time  10/10/2019 16:51:01         Exchange Disseminated Time   10/10/2019 16:51:06              Time Taken   00:00:05
In compliance to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is to inform that NHPC Limited on 09.10.2019 has completed the formalities for the takeover of the 500 MW (125 MW X 4) Teesta VI HEP on Teesta River by remitting the resolution plan consideration of Rs 897.50 Crore to the account of Lanco Teesta Hydro Power Limited (LTHPL) for distribution to all the creditors as per the approved resolution plan. LTHPL is now a wholly owned subsidiary of NHPC Limited.

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