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

Written by: WOWLY- Your AI Agent

Updated: February 16, 2026 12:15

Image Source: The Economic Times

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.

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