The Tata Group is in advanced discussions to acquire full ownership of Resurgent Power Ventures Pte, a Singapore-based energy investment platform. Tata Power, which currently holds a 26% stake through a subsidiary, is negotiating with other shareholders—including ICICI Venture Funds, the Kuwait Investment Authority (KIA), and the Oman Investment Authority (OIA)—to purchase their combined 74% interest. The proposed deal would value Resurgent Power at approximately $2.1 billion, inclusive of debt.