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4-Traders Homepage  >  Shares  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Orient Green Power Ltd    GREENPOWER   INE999K01014

End-of-day quote. End-of-day quote  - 07/28
13.9 INR   +1.46%
07/20 ORIENT GREEN PO : to Sell Minority Stake in Gayathri Green Power
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Orient Green Power : to Sell Minority Stake in Gayathri Green Power

07/20/2015 | 07:36am US/Eastern
Deal Type: Acquisition
Deal Sub Type: Minority Acquisition
Deal Country: India
Deal Status: Announced
Deal Value: 0.0000 USD

Deal in Brief

Orient Green Power Company Limited, a renewable energy company, has agreed to divest at least 26% equity interest in Gayathri Green Power Limited, a biomass power generation company. Gayathri Green Power, a wholly owned subsidiary of Orient Green Power has a biomass power generation plant situated in Pollachi, Coimbatore district, Tamil Nadu, India. The transaction was approved by the investment and borrowing committee of Orient Green Power Company.

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