IPCL enters into agreement with French company ENGIE to acquire shares of MEPL
Q. IPCL has entered into an agreement with which company to acquire shares of MEPL?- Published on 26 Feb 16
d. None of the above
India Power Corporation Limited has entered into an agreement with ENGIE of France to acquire shares of MEPL or Meenakshi Energy Private Limited. MEPL is a coal fired thermal power company located in AP’s Nellore district. IPCL indicated ENGIE used to hold 90% stake in the company which will be purchased in entirety by IPCL.