RIL, NTPC, Torrent and Vantage seen leading race for SKS PowerIndicative bids from Nagpur-based Sarda Energy & Minerals, Delhi-based Jindal Power and the Adani Group are much lower and these bidders ar...
20 Feb, 2023, 12.32 AM IST
Bidders set up close fight for SKS Power; financial creditors could make a full recovery"All bidders that had submitted bids early this month are very close, which means a recovery of over 75% is almost guaranteed. To break the...
23 Jan, 2023, 12.34 AM IST
RIL, Adani Group, NTPC among 7 bidders for SKS PowerThe Chhattisgarh-based power company owes Rs 1,890 crore to two lenders, Bank of Baroda and State Bank of India. “We have received bids and...
03 Jan, 2023, 01.03 AM IST
SKS Power lenders extend due diligence deadlineCreditors met earlier this week and decided to extend the deadline by a couple of weeks. The last date was previously Friday (November 25).
26 Nov, 2022, 12.47 AM IST
Adani, world’s third-richest person, considering opening family office in Dubai or New YorkThe chairman of the ports-to-power Adani Group conglomerate is looking at Dubai or New York as the base for the office, which will invest t...
17 Nov, 2022, 03.24 PM IST
SKS Power's lenders extend due diligence deadlineMore than a dozen bidders including large Indian conglomerates such as Reliance Industries, Adani Power, power sector companies Torrent Pow...
18 Oct, 2022, 10.18 AM IST
Gautam Adani plans $5.2 billion alumina mill in growing metal ambitionsBillionaire Adani had set up a wholly owned subsidiary -- Mundra Aluminium Ltd. -- in December, signaling his aspirations in a sector that ...
12 Aug, 2022, 12.02 AM IST
RIL, Adani, NTPC among bidders for SKS powerAdani Power and the state-run NTPC are among the nearly two-dozen bidders interested in buying the bankrupt SKS Power Generation located in...
02 Aug, 2022, 01.14 AM IST
SKS Power's dormant plant restarts operations under NTPCThe plant stopped production earlier this year after Hong Kong listed owner Agritrade Resources failed to keep the plant running due to fin...
11 Jul, 2022, 06.05 AM IST
PFC, REC may bid for stressed assetsAnother official said the companies are considering partnering with other central power sector entities for technical know-how to run the a...
20 Jan, 2022, 10.20 AM IST
NTPC outbids Adani for Avantha’s MP plantNTPC’s offer is the highest on a per-megawatt basis so far to buy out a stressed asset in the power sector.
07 Jan, 2020, 08.56 AM IST
Adani, NTPC in fray to acquire Avantha’s stressed power plantThis is the first time NTPC, the country’s largest power producer, has bid for any stressed project, while Gautam Adani-led Adani Power is ...
01 Jan, 2020, 07.30 AM IST
India Inc's Jan-Nov M&A deal tally at $82 billion: ReportIn November 2017, there were 39 deals worth USD 3.2 billion.
07 Dec, 2018, 06.08 PM IST
Panel on doubling farmers' income to submit final report next monthThe Dalwai Committee, set up in April 2016, has already written 14 volumes identifying ways to double farmers' 2015-16 income level, in rea...
25 Mar, 2018, 11.53 AM IST
Conditional cash transfers to hand out food, fertiliser subsidies will rein in twin deficitsConditional cash transfers to hand out food and fertiliser subsidies will rein in the twin deficits and spur growth.
03 Jan, 2013, 05.51 AM IST
- Farm trade paints an optimistic picture of the economy
It is time to take a long-term view that can provide stability in trade policy and send signals for conservation of scare resources of wate...
22 Nov, 2012, 05.49 AM IST
- AEZs for food security & exports
The scheme for AEZs doesn’t seem to have yielded the desired results. These zones hardly helped in creating new irrigation & supply chain i...
08 Aug, 2007, 05.05 AM IST