India: L&T to divest entire stake in hydroelectric power project to Renew Power

India: L&T to divest entire stake in hydroelectric power project to Renew Power

Image from Pixabay.

Larsen & Toubro on Wednesday announced the divestment of 100% stake in the 3 x 33 MW (99 MW) run of the river hydroelectric power plant owned by its subsidiary L&T Uttaranchal Hydropower Limited (LTUHPL) to Renew Power Services Private Limited, a wholly owned subsidiary of Renew Power Private Limited.