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GMR CHHATTISGARH
GMR Infra surges 5% on asset monetisation initiativesThe stake sale is estimated at Rs 3,000 crore.- GMR sells stake in Chhattisgarh power plant to Adani Power for Rs 3000 crBankers to the project had opted for change in management of the stressed plant held by GMR Generation Assets Ltd, a wholly owned subsidiar...
- Adani Power to acquire GMR Chhattisgarh EnergyThe consortium of lenders has issued a Letter of Intent dated June 24, 2019, approving Adani Power's (APL) resolution plan to acquire contr...
- Impairment hit: GMR Infra's Q4 loss at Rs 2,341 croreConsolidated total income stood at Rs 2293.63 crore during the quarter under discussion.
- Adani, JSW & Tatas bid for stake in GMR’s power plantThe project is stranded as it does not have power purchase agreements with state power distribution utilities, leading to cost overruns and...
- GMR Infra drops 6%; 3 firms in race to buy co's thermal power plantConsortium led by Axis Bank converted plant's Rs 2,992-crore debt into equity as part of the SDR.
- Adani, Neyveli Lignite & Sembcorp in the race to buy stake in GMR’s Power projectA consortium of lenders to the commissioned project operated by GMR Chhattisgarh Energy Ltd is looking to divest its stake under the strate...
- GMR Chhattisgarh Energy completes SDR, allots shares"GMR Chhattisgarh Energy Ltd (GCEL), a subsidiary of GMR Infrastructure Ltd (GIL), has announced that the consortium of lenders of GCEL has...
- GMR Energy to offload 30% stake in Tenaga to pare debt: GBS Raju, Chairman"Tenaga has a unique set of expertise. Being a marquee strategic player with decades of experience, it brings world-class best practices to...
- Coal Ministry slaps show cause notice on GMR for payment delayThe Coal Ministry has slapped a show cause notice on GMR for delay in payment with regard to Talabira coal mine in Odisha.
- Government to issue ownership rights of 15 coal mines on March 23As many as nineteen mines under Schedule II (already in production) category were auctioned in the first leg held between February 14 and F...
- Previous allottees of mines asked to give claims by March 26The government has asked previous allottees of 33 coal blocks that went under the hammer to submit any claims, if any, in respect of the mi...
- Jindal Power, Hindalco Industries win coal blocksJindal Power Ltd today bagged two coal mines in Chhattisgarh for an estimated Rs 1,679 crore, while Hindalco Industries won a block there f...
- Hindalco bags Kathautia coal mine in JharkhandOn the second day of coal auction, Hindalco Industries today walked away with a coal mine in Jharkhand.
- Coal block auction begins: Ambanis, Adanis in the raceThe two blocks which have been put on offer are Talabira-I mine in Odisha for power sector and Sial Ghoghri mine in M for non-power sector.
- Ambanis, Adanis, Birlas and others in race for 2 mines tomorrowIn the maiden auction for coal blocks, the government will tomorrow invite bids for two mines on the first day and those in the race includ...
- GMR's 1,370 MW Chhattisgarh power plant begins generationGMR Chhattisgarh Energy's 1,370 MW supercritical coal-based thermal power plant at Raikheda in the state has commenced electricity generati...
- Take up Chhattisgarh power project with CCEA: GMR to Coal MinisterThe project is in advanced stage of commissioning with 89 per cent of work completed and scheduled to achieve commercial operation by April...
- GMR Group to consolidate airport businessThe parent company is transferring its stake in the Delhi International Airport Limited & Hyderabad Airport to its airport subsidiary.
- GMR Group bags 1000 MW Thermal Power Project in ChhattisgarhGMR is presently in the process of identifying a project site, after evaluating proximity to Coal mines and the Transmission corridor.
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