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Essar Power

Essar Power eyes 100% stake in Navabharat Power

Essar Power eyes 100% stake in Navabharat PowerSubsidiary of Essar Energy, Essar Power has said that it is looking forward to buy Navabharat Power Pvt. Ltd in Orissa.

The total capacity of the power company is 2250 MW and Essar has said that it will first buy 74 per cent stake and the rest will follow after some of Navbharat's key projects are over.