Thursday, May 08, 2008

HPL acquires L&T's 51% stake in HPL Cogeneration Ltd for Rs 180 crore

Haldia Petrochemicals Ltd (HPL) has acquired for Rs 180 crores, L&T's 51% stake in HPL Cogeneration Ltd. (HPLCL), which supplies power and steam exclusively to HPL. HPL now owns 100% stake in the capttive power unit, having management control over the company.

For more details on HPL acquires L&T's 51% stake in HPL Cogeneration Ltd for Rs 180 crore click here

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