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Torrent Power update on bid for power distribution company in UT of Dadra & Nagar Haveli and Daman & Diu

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Capital Market
Last Updated : Mar 04 2021 | 4:04 PM IST
Torrent Power announced that with regard to the tender process where the company had emerged as the highest bidder for 51% equity stake in Power Distribution Company for the Union Territories of Dadra & Nagar Haveli and Daman & Diu. In this connection, the Hon'ble Bombay High Court has, inter alia, suspended the tender process in a PIL case before the Court until further orders in the matter.

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First Published: Mar 04 2021 | 3:41 PM IST

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