Resurgent to acquire 100% stake in a northern transmission project
Resurgent Power Ventures Pte Ltd (Resurgent) has been selected as the lender's nominee to acquire 100 per cent shareholding in a troubled power transmission project spread across three states of Haryana, Rajasthan and Uttarakhand
According to the statement, the transaction is a part of stressed transmission asset resolution process initiated by PFS through a competitive bidding process