March 30, 2017 5:33 AM ET

Independent Power and Renewable Electricity Producers

Company Overview of Facor Power Ltd.

Company Overview

Facor Power Ltd. owns and operates thermal power plant. The company was incorporated in 2005 and is based in Bhadrak, India. Facor Power Ltd.operates as a subsidiary of Ferro Alloys Corp. Ltd.

D. P. Nagar

Randia

Bhadrak,  756135

India

Founded in 2005

Phone:

91 67 8424 0706

Fax:

91 67 8424 0626

Key Executives for Facor Power Ltd.

Facor Power Ltd. does not have any Key Executives recorded.

Facor Power Ltd. Key Developments

Ferro Alloys Mulls Sale Of Unit’s Stake

Ferro Alloys Corp. Ltd. is planning to sell some stake in its unit. The company has informed Bombay Stock Exchange that the Board of Directors of the company at its meeting on February 12, 2016, has considered the proposal for dilution of Ferro Alloys’ equity investment and re-plan the sale proceeds in other security in its unit, Facor Power and has accordingly, decided to seek approval of shareholders of the company, through postal ballot and e-voting, for effecting dilution of company's equity investment in its material subsidiary Facor Power and re-ploughing the sale proceeds in another security of its unit.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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