NTPC in talks with banks to rescue ₹30,000 crore debt-laden KSK Mahanadi PowerThe state-owned power giant is looking at a collaboration with banks to rescue KSK Mahanadi Power, a holding company which houses the plant...
13 Oct, 2021, 08.31 AM IST
Avantha Power lenders ink Jhabua Plant deal with NTPCLenders to the Avantha Group’s 600 MW distressed Jhabua power plant have come to an agreement with the state-owned National Thermal Power C...
31 Aug, 2021, 06.36 AM IST
NTPC’s Jhabua Power bid hits NPA tag hurdleThe state-owned power giant that accounts for a fourth of India’s energy generation has made a ₹1,900 crore offer for Madhya Pradesh-based ...
21 Jun, 2021, 10.43 AM IST
Lenders of Jhabua power plant are locked in tough negotiations with NTPCThe bone of contention is the right over the Rs 400 crore earnings before interest tax and amortisation (EBITDA) that the distressed compan...
06 Dec, 2020, 05.32 PM 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
JSW, Adani, others express interest in Avantha Power armJSW, Adani Power, NTPC, Tata Power-backed Resurgent Power and Singapore-based investors to participate in the bidding of Avantha Group’s Jh...
18 Oct, 2019, 08.38 AM IST
Power ministry for forward e-auction of stressed assets in NCLTProblems in authentic valuation of stressed projects had earlier forced NTPC to abandon a proposal to acquire some of the troubled plants.
06 Nov, 2018, 07.41 AM IST
PTC India to ink PPAs with 7 firms, 5 states for 1,900MW by Oct endAfter this tender, the company plans another round of 3,000 MW of medium term PPAs to give some relief to stressed power projects as PPAs a...
19 Oct, 2018, 02.36 PM IST
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.
10 Oct, 2018, 11.30 PM IST
Power projects heading to NCLT may get to retain fuel supply pactsA high-level empowered committee considered these special dispensations to the troubled projects to help their lenders recover a fair value.
10 Sep, 2018, 07.37 AM IST
Banks line up sale of KSK, Avantha plants; Adani, Vedanta frontrunnersThe KSK Mahanadi plant owes around Rs 18,551 crore to domestic lenders.
14 Aug, 2018, 02.54 PM IST
BHEL commissions 600 MW thermal power plant in Madhya Pradesh"The unit has been commissioned at the 1x600 MW Jhabua Thermal Power Project (TPP) located in Seoni district in Madhya Pradesh," BHEL said ...
03 May, 2016, 01.25 PM IST
AAP seeks aid for farmers hit by yellow mosaic virus in Madhya Pradesh"If the government didn't pay a fair compensation to the farmers, AAP will launch an agitation at the tehsil-level from September 10," he s...
02 Sep, 2015, 07.04 PM IST
Two fertiliser units to be set up in Jhabua and JabalpurUnion Minister for Chemicals and Fertilisers Anant Kumar announced here today that two fertiliser plants would be set up in Jhabua and Jaba...
05 Jun, 2015, 09.36 PM IST
- McNally Bharat bags orders worth Rs 104 crore
McNally Bharat Engineering today said it has bagged orders worth 104 crore from three firms, including Neyveli Lignite Corporation.
21 Dec, 2011, 03.08 PM IST
- GAIL to lay down 600-km long gas pipeline in MP
Gas Authority of India Limited (GAIL) will lay down a 600-km long gas pipeline from Jhabua to Kailaras in Madhya Pradesh at an estimated co...
17 Jul, 2009, 02.04 AM IST