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KSK MAHANADI ACQUISITION
Megha Engineering unit to acquire Neyveli Power from Abu Dhabi’s TAQAMEIL Energy has acquired TAQA Neyveli Power for Rs. 926 crore, marking a strategic shift from an EPC conglomerate to an owner and operator ...
JSW Energy shares decline 5% as Q2 PAT falls 17% YoY. Should you buy, sell or hold?JSW Energy shares fell over 5% to Rs 514.15 on the BSE after reporting a 17% YoY decline in consolidated PAT to Rs 705 crore for Q2 FY26, c...
Future tense for many past-perfect IBC deals: After JSW setback, past insolvency resolutions under the lensA Supreme Court ruling impacts past insolvency resolutions. Some deals, similar to the JSW-Bhushan Power case, face scrutiny. These resolut...
JSW Energy completes KSK Mahanadi buyout ahead of May deadlineJSW Energy has successfully completed the acquisition of the 1800 MW KSK Mahanadi thermal power company by paying ₹16,084 crore to creditor...
CCI okays JSW Energy's proposal to acquire KSK Mahanadi Power CompanyThe Competition Commission of India approved JSW Energy's acquisition of KSK Mahanadi Power, which owns a 3,600 MW thermal power plant in C...
String of acquisitions brings 20 GW target closer to JSW EnergyJSW Energy's acquisition of assets from O2 Power and Hetero Group, along with a thermal power asset, has increased its capacity to meet a 2...
JSW Energy to await CCI clearances before acquiring KSK Mahanadi Power following SC rulingJSW Energy is awaiting clearances, including CCI approval, before proceeding with its acquisition of KSK Mahanadi Power. The Supreme Court'...
JSW Energy shares jump over 4% after receiving letter of intent to acquire Mahanadi thermal plantJSW Energy shares rose 4.39% after the company became the successful applicant to acquire KSK Mahanadi Power Company, which owns a 3,600 MW...
JSW Energy bags KSK Mahanadi for Rs 15,985 crJSW Energy has acquired the bankrupt KSK Mahanadi Power Company for ₹15,985 crore, outbidding Adani Power and NTPC. The acquisition include...
KPMG loses another exec as deals advisory co-head Manish Aggarwal exitsManish Aggarwal, co-head of deal advisory at KPMG, has resigned, adding to a string of departures from the unit. Aggarwal, a key dealmaker ...
JSW Energy emerges top bidder for KSK Mahanadi PowerJSW Energy emerged as the top bidder for KSK Mahanadi Power, offering Rs 15,985 crore and surpassing Adani Power’s Rs 15,885 crore bid. The...
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...
RP sets date for second bidding for KSK Mahanadi resolutionResolution professional sets new EoI date for KSK Mahanadi Power after failed takeover bids. Debts, creditor details, and twists in resolut...
DIPAM rejects PFC-REC debt resolution proposal for KSK Mahanadi projectDIPAM declined the debt resolution plan for KSK Mahanadi Power project by PFC and REC. NCLT paused sale in June 2022. Interested companies ...
Six ARCs acquire 55% of KSK Mahanadi Power's Rs 29,330-crore debtSix ARCs, led by Aditya Birla and Kotak Mahindra-backed, control majority debt in KSK Mahanadi Power due to lenders' exits amid debt resolu...
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.
Lanco, Jaypee, Avantha's power plants shortlisted under plan floated by SBI-led lendersThe RBI’s latest regulations on stressed assets provide resolution of these assets in 180 days after which they will face liquidation. If n...