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GMR CHHATTISGARH ENERGY
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 may start operations at stranded gas and coal-based power stationsThe gas supply will allow the plants to run at 25 per cent capacity during June-September and sell power for Rs.6.14 per unit to distributi...
- 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...
- Sale of 11 coal mines makes states richer by Rs 60,000 croreStates, including Chhattisgarh, Jharkhand and West Bengal, are set to get nearly Rs 60,000 crore from 11 coal blocks sold in the ongoing au...
- Balco, Jaiprakash Power Ventures and OCL Iron & Steel bag one mine eachBalco beat Godawari Power & Ispat Ltd, Hindalco Industries, Prakash Industries, Rungta Mines and Ultratech Cement for the mine in Chhattisg...
- 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...
- Vedanta Group top bidder in coal mine auction with 25 bidsThe blocks on offer drew a total of 176 bids. Industry estimates suggest these blocks may fetch tens of thousands of crores of rupees in re...
- 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...
- GMR Energy plans to raise Rs 10,275 crore in debtGMR Energy, a subsidiary of Bangalore-based GMR Infrastructure, plans to raise Rs 10,275 crore of debt funding to help achieve financial cl...
- GMR buys 5% in S African mine coGMR Energy, the energy division of GMR Group, has picked up a 5% equity stake in mining company Homeland South Africa (HSA) for a considera...
- 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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