Indian power majors eye 57% stake in Dishergarh Power...

According to Mr Kallol Datta chairman & MD of Andrew Yule & Company, Indian power majors TATA Power and Reliance Energy have expressed interest in picking up 57% in Dishergarh Power Supply Corporation Ltd.

Mr Datta said that that five companies, including the above three, had responded to an expression of interest floated by Andrew Yule for selling 57% stakeholding in DPSC as per the revival package sanctioned for the heavy engineering PSU.

Andrew Yule along with two coal companies control 15% in DPSC, state run life Insurance Corporation had 42% stake in DPSC and would also sell its stake in DPSC.
Mr Datta said that a board appointed committee was monitoring the DPSC divestment process which would take place through an open tender route.