GE Power acquires 50% equity stake in NTPC GE Power Services

Earlier this month, GE Power India#39;s board had approved the acquisition of 50 per cent stake in NTPC GE Power Services Pvt Ltd (NGSL) for Rs 7.2 crore. NTPC and GE Power Systems GmbH had 50 per cent stake each in NGSL. GE Power India completed acquisition of 50% of the issued and paid up share capital of NGSL on 19 April 2021," a BSE filing said.

from Moneycontrol Business News https://ift.tt/3xb5xZs