Larsen and Toubro Subsidiary Plans to Sell Nabha Power for Rs 3,661 Crore
February 16, 2026February 16, 2026 Larsen & Toubro Limited’s wholly owned arm, L&T Power Development Limited, has signed a securities purchase agreement (SPA) to divest Nabha Power Limited (NPL) to Torrent Power Limited for Rs 3,660.9 crore. In a regulatory filing dated 16 February, L&T confirmed that the transaction…