Tata Power International Pte. Ltd owns 26% stake in Resurgent Power and the balance 74% is held by ICICI Bank and other global investors.

Resurgent Power is a joint venture between Tata Power International Pte. Ltd (TPIPL) (a wholly owned subsidiary of Tata Power), ICICI Bank Ltd. (ICICI Bank) and other reputed global investors including Kuwait Investment Authority, State General Reserve Fund, Oman, set up to acquire assets in the Indian Power Sector. TPIPL owns 26% stake in Resurgent Power and the balance 74% is held by ICICI Bank and other global investors.

Speaking on the occasion, Praveer Sinha, CEO & MD, Tata Power and Director of Resurgent Powersaid, "The JV has been evaluating various assets that meets its investment objective and Prayagraj fits into that. Resurgent looks forward to maximizing its potential using the expertise of all the partners."

END