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Navayuga to sell stake in power co

Power & New and Renewable Energy
November 1, 2014November 1, 2014
Navayuga to sell stake in power co
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Navayuga Power, a unit of CVR Group that operates the largest private port on India´s east coast, is in talks with several global power producers and equipment makers to sell a significant stake in its power assets. Navayuga is in the process of setting up a 1,980 MW coal-fired supercritical power project at Krishnapatnam, near the CVR Group´s all weather, deep water port in Andhra Pradesh´s Nellore district.

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