Thursday, June 28, 2018

MERC approves sale of RInfra#39;s Mumbai power biz to Adani Transmission

MERC approves sale of RInfra#39;s Mumbai power biz to Adani Transmission Reliance Infrastructure will utilise the proceeds of this transaction entirely to reduce its debt, becoming debt free and will have a cash surplus of up to Rs 3,000 crore.

from Moneycontrol Business News https://ift.tt/2tHLtOp

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