Stock Report

NTPC to submit bids for acquisition of Globeleq Maghreb



Posted On : 2007-02-26 19:46:37( TIMEZONE : IST )

NTPC to submit bids for acquisition of Globeleq Maghreb

National Thermal Power Corporation Ltd (NTPC) has announced that the Company is submitting a non-binding indicative bid to M/s. Lehman Brothers, UK for acquisition of assets of 682.5 MW Sidi Krir Power Project in Egypt through 100% equity acquisition of Globeleq Maghreb.

Source : Equity Bulls

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