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Bajaj Hindusthan to sell power business to group firm

Bajaj Hindusthan to sell power business to group firm

Wednesday, March 22, 2017, 8:42 PM

Bajaj Hindusthan Sugar Ltd has cut down the deal size to Rs 1,227 crore for selling its power business to group firm Lalitpur Power Generation Company Ltd. The company had announced plans in December to sell its co-generation power business, having 449 MW capacity at 14 locations in Uttar Pradesh, to LPGCL for about Rs 1,800 crore.
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