MEIL Energy has acquired TAQA Neyveli Power for Rs. 926 crore, marking a strategic shift from an EPC conglomerate to an owner and operator of infrastructure assets. This 250 MW lignite-fired power plant acquisition strengthens MEIL’s energy portfolio and aligns with India’s need for reliable baseload power.
Megha Engineering unit to acquire Neyveli Power from Abu Dhabi’s TAQA
Scroll