Tiana Power Acquires AGC Power India For Rs 23Cr - Tiana Power Projects Pvt Ltd, the flagship company of the Pune-based Tiana Group, has acquired AGC Power India Pvt Ltd, a thermal power project of 1,320 MW in Andhra Pradesh for a total consideration of Rs 23 crore. AGC Power was owned by AGC Corporation Sdn Bhd of Malaysia. Tiana Power, which has earlier acquired four coal mines in Indonesia, also proposes to buy land at Nellore to set up Rs 4,000-crore thermal power project. The company is promoted by US-based Nathani family.