Tata Power in talks to buy out investors in Resurgent
Bhubaneswar: Tata Power is in discussions to buy out the stakes held by sovereign wealth funds of Oman, Kuwait, and ICICI Ventures in Resurgent Power, which operates a thermal power plant in Uttar Pradesh and two transmission lines in northern India.Collectively, these three investors own 74% of Resurgent, which posted a profit of Rs 613…