LTIDPL is a joint venture between Larsen & Toubro Limited and Canada Pension Plan Investment Board (CPP Investments) holding 51 per cent and 49 per cent shares respectively, , L&T Ltd, LTIDPL sale
Canadian pension fund CPP Investments Board and construction firm Larsen and Toubro said they have sold the entire stake in their joint venture to Indian investment firm Edelweiss for 60 billion. | December 17, 2022
Larsen & Toubro (L&T) Share Price: L&T Gains After Completing Stake Sale In Hydro Power Plant To Renew Power ndtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ndtv.com Daily Mail and Mail on Sunday newspapers.
The loss-making venture, L&Ts single-biggest investment in a project, has been suffering on account of cost and time overruns, and loss of traffic, made worse by lockdowns during the Covid pandemic.