Tata Power

Tata Power in talks to acquire stake in InterGen

Tata PowerTata Power has entered in to talks to purchase a 50% stake US-based power utility InterGen NV from GMR Infrastructure, according to a report.

GMR Infrastructure had acquired the 50% stake in the company for around $1.1 billion from a fund owned by American International Group Inc. the rest of the firm is owned by Ontario Teachers' Pension Plan.