Bids for KSK Mahanadi Power skyrocket after Adani's offerAdani Group's ambitious Rs 12,500 crore bid for KSK Mahanadi Power spurs other bidders to increase their offers, potentially leading to a f...
25 Oct, 2024, 10.14 PM IST
With ₹27,000 crore, Adani tops KSK Mahanadi bidder listBanks had received a total of 10 financial bids for the thermal power company by Thursday evening. Other bidders include Capri Global Holdi...
03 Aug, 2024, 05.30 AM IST
UBI looks to sell KSK Mahanadi, Raigarh Champa debt to ASRECAn offer of ₹828 crore for KSK Mahanadi and ₹38 crore for Raigarh Champa Rail by ASREC last week triggered a Swiss challenge auction, the p...
14 Feb, 2023, 12.40 AM IST
Union Bank takes second shot at selling KSK Mahanadi loan accountThe bank has set a Rs 828 crore reserve price to sell the account, a 10% reduction from the Rs 919 crore reserve price set by the bank in A...
28 Jan, 2023, 12.05 PM IST
Union Bank to sell KSK Mahanadi loanOther lenders including State Bank of India, Punjab National Bank, Bank of Baroda (BoB) and Axis Bank have already sold their debt in the c...
24 Aug, 2022, 06.13 AM IST
State Bank sells distressed KSK Mahanadi loans to Aditya Birla ARC for Rs 1,622 croreThis would be the single-largest distressed loan sale on an upfront payment basis by any bank, equating to a recovery of 42% for the bank. ...
12 Aug, 2022, 11.59 PM IST
Aditya Birla ARC, Arcil among companies eyeing SBI's KSK Mahanadi loanIt is the largest stressed loan sale by any bank seeking upfront payment from the buyer. The bank has set a ₹1,544-crore reserve price on t...
30 Apr, 2022, 07.27 AM IST
SBI invites bids to sell NPA account KSK Mahanadi Power with dues over Rs 4,100 croreWith fund based outstanding of Rs 3,815.04 crore and non-fund based outstanding of Rs 286.83 crore, company's total loan dues towards SBI s...
05 Dec, 2021, 10.55 AM IST
Long delays in power resolution tests bankers' patienceCentral Bank of India last week followed Indian Overseas Bank to sell its loans to Chhattisgarh-based KSK Mahanadi Power Co, as the project...
18 Jan, 2021, 03.40 PM IST
KSK Mahanadi’s insolvency in limbo as 4 bidders back outThe four bidders were among seven applicants that had expressed interest in acquiring the power company that owns a 3,600 MW thermal power ...
08 Jan, 2021, 10.07 AM IST
Adani may need to revisit plans for KSK MahanadiThe Gautam Adani-led group had emerged as the best bidder to acquire three stressed power projects, including KSK Mahanadi.
11 Feb, 2019, 03.27 PM IST
Pushing for 5/25 scheme: KSK Mahanadi lenders may refinance debtHyderabad-based KSK Energy Ventures, the parent company, has taken up the refinancing proposal with the lenders, bankers familiar with the ...
11 May, 2016, 12.06 PM IST
- Environment Ministry red signal to KSK Group's hydel project in Arunachal Pradesh
The Environment Ministry has declined clearance to hydel power project of the KSK Group's proposed unit in Arunanchal Pradesh.
27 Jun, 2012, 12.33 PM IST
- Lloyd's Register India to double revenues, head count in 3 yrs
Lloyd's Register on Friday said it is eyeing to double its revenue and headcount in India over the next three years.
30 Sep, 2011, 10.33 PM IST
- R-Infra ropes in 3 suppliers to power Mumbai suburbs
Anil Ambani-led Reliance Infrastructure, which supplies power to Mumbai suburbs, will buy electricity from three generation companies for t...
07 Jul, 2010, 02.23 PM IST
- KSK Energy raises Rs 415 crore
KSK Energy Ventures has raised Rs 415 crore through a pre-IPO placement with a group of investors including Macquarie Bank, IDFC, Axis Bank...
17 Jun, 2008, 03.17 AM IST
- Lehman Brothers to part-fund two power projects
Lehman Brothers, one of the world’s biggest investment firms, will partly finance Hyderabad-based KSK Energy Ventures’.
12 Sep, 2006, 03.09 AM IST