As a result of this deal, 'Tawakkal' will sell its entire stake in 'Tawakkal Neyveli' and will own and operate the 250 MW lignite-fired power plant located in the Indian state of Tamil Nadu. The deal value amounted to 9.26 billion Indian rupees (approximately 387 million UAE dirhams). Abu Dhabi: 'Al Khaleej' announced that Abu Dhabi National Energy Company 'Tawakkal' has sold its entire stake in 'Tawakkal Neyveli' to 'MIEI Energy Private Ltd', a subsidiary of 'Mega Engineering & Infrastructure Ltd', a large conglomerate based in India with stakes in infrastructure, energy, and high-tech manufacturing.
