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AMRAVATI PLANT
Sinnar Thermal to undergo IBC process as NCLAT vacates staySinnar Thermal Power (STPL) is a subsidiary of the listed company RattanIndia Power, one of the largest distressed power producers, which h...- RattanIndia Power shares jump 19% after company secures debt refinancingRattanIndia Power’s shares jumped 19% on Monday as the company announced that it has refinanced its senior debt with a Rs 1,114 crore loan ...
- RattanIndia Power looks to refinance costly debtKotak Mahindra Bank will provide a ₹1,200 crore term loan at 16-17%, which will be used to repay debt raised from Goldman and Varde at 21%,...
- RattanIndia Power expects to become debt-free in 2 yearsThe company is regularly engaging with lenders of its subsidiary Sinnar Thermal Power Limited for resolution of the project Plant in light ...
- RattanIndia posts Rs 2,107 crore Q3 profit on debt restructuringThe company’s EBITDA stood at Rs 3,299 crore for nine-month period from April till December 2019.
- RattanIndia closer to debt resolution, set to revive Maharashtra power plantShares ended at Rs 1.53 a piece on BSE, down 3.16 per cent on Wednesday.
- Banks may not take a decision on stressed power plants by October 15In most resolution proceedings, banks have finalised the bidders but could not finalise deals due to resistance from 15-20% lenders.
- Raymond shares rise on investment plans for Amravati plantThe company has made an initial investment of Rs 200 crore in the first phase for the new unit.
- Raymond lines up Rs 350 cr for capex, retail expansionThe company will open nearly 150-200 stores this year, Behl indicated. Raymond has more than 1,000 retail stores that are franchise based.
- Make in India: Raymond bullish on its Rs 1,400 crore investment plan in MaharashtraTextile major Raymond has reached an agreement with Maharashtra government for setting up textile manufacturing plant at an investment of R...
- Bomb scare on two Express trains in Goa turns out to be hoax"We checked the entire (Margao) railway station. There was nothing incriminating found. A close watch was kept on all the passengers."
- RattanIndia Power commissions 270 MW unit 4 at AmravatiRattanIndia Power, the erstwhile Indiabulls Power, today said it has commissioned the fourth 270 MW unit of the 1,350 MW phase-I of its the...
- Rattan India Power to bid for coal blocks to revive unitsThe company is currently developing a total of 5,400 mw capacity with 2,700 mw each in Amravati and Nashik in two phases and has signed fue...
- Adani eyes Indiabulls' 1,350 MW Amravati Thermal Power ProjectWhat makes Amravati power project attractive for the Gautam Adani-led group is that its phase one has been completed with two operational u...
- Reliance Cement enters AmravatiReliance Cement Company, a unit of Reliance Infrastructure, today forayed into the Amravati market in Maharashtra to sell the building mate...
- After Mumbai, MNS workers attack Indiabulls' Amravati officeSuspected MNS activists today attacked the office of diversified conglomerate Indiabulls in Camp area of the city.
- Indiabulls Power links Amravati plant with transmission gridThe electricity from the plant is proposed to be supplied to Maharashtra State Electricity Distribution Company against the Power Purchase ...
- HC refuses stay on water supply to India Bulls' thermal plantBombay HC refused to grant stay on water supply to India Bull's thermal power plant project in Amravati in Vidharba region.
- President Patil lays foundation stone of Finlay mills in AmrawatiPresident Pratibha Patil on Saturday laid the foundation stone of the Finlay textile mill at Achalpur in Amravati district of Maharashtra.
- Suryachakra Power shares up 13%Suryachakra Power Corporation shares ended the first day of trade at Rs 22.35 on the BSE, a premium of 13% to issue price.
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