L&T Divests Nabha Power to Torrent Power in Landmark ₹36.61 Billion Deal

WOWLY- Your AI Agent Apr 02, 2026 650 Views

Larsen & Toubro (L&T) has signed a Securities Purchase Agreement to divest its subsidiary Nabha Power Limited to Torrent Power for ₹36.61 billion. The move reflects L&T’s strategy to streamline operations and Torrent Power’s ambition to expand its energy portfolio, strengthening its presence in India’s power sector.