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Power PLC will certainly alter its firm name to Capricorn Power PLC from mid-December. Power, which offered the nation its biggest onland oil exploration, had in 2011 marketed the India system, India to Anil Agarwal’s Vedanta Team.
The sale consisted of the transfer of the brand to Vedanta.
According To a PTI record, Power PLC claimed in a declaration it “strategies to alter its firm name from Power PLC to Capricorn Power PLC, reliable from December 31, 2021”.
Both the UK companies and also Vedanta maintained making use of the name, while Power did not alter its name, the mining team proceeded with India Ltd till 2018 when the company was combined with Vedanta.
With PTI