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KSK MAHANADI PROJECT
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...
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...
SC revives Adani Power's Rs 27,000 cr bankruptcy resolution for KSK Mahanadi projectThe Supreme Court overturned the Telangana High Court’s order, allowing insolvency proceedings for Adani Power's Rs 27,000-crore bid for th...
UPPCL's plea may delay KSK Mahanadi resolution processThe Uttar Pradesh Power Corp has filed a writ petition to consolidate insolvency proceedings of KSK Mahanadi and its subsidiaries, potentia...
26 companies queue up for KSK Mahanadi power projectThe National Company Law Tribunal (NCLT) vacated the stay on the auction of the power project on April 5, paving the way for a fresh round ...
NCLT admits Aditya Birla ARC's insolvency pleaNCLT, Hyderabad, admitted Aditya Birla ARC's petition on guarantees by KSK Mahanadi Power promoters Sastry and Kishore for over Rs 4000 cro...
KSK Mahanadi likely to undergo fresh biddingThe move will give a chance for a better valuation for the 1,800-MW project, which saw interest from the likes of Adani Power, Jindal Power...
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 ...
Jindal Power offers $1.68 bln for distressed coal-based power plant, say sourcesJindal Power has submitted a bid for the distressed KSK Mahanadi project in Chhattisgarh, a coal-based power project that is being eyed by ...
PFC, REC seek DIPAM nod for debt resolution plan for KSK MahanadiThe state-owned lenders, with NTPC Ltd as the technical partner, had earlier given expression of interest for the 1,800 MW coal-based power...
Punjab & Sind Bank to sell two KSK loansThe lender is looking to recover over 50% from the sale. The bank has invited bids for a loan of ₹110 crore for KSK Mahanadi and ₹45 crore ...
SBI keen to sell stressed power, other loansInordinate delays in debt resolution of the distressed companies in bankruptcy courts and a nudge from the government to provide additional...
Vedanta entity, Adani, Jindal Power, PFC and iLabs give EoI for KSK Mahanadi PowerSBI invited bids from ARCs for its Rs 4101 crore outstanding dues to KSK Mahanadi Power by 30 December, sets a reserve price of Rs 1423 cro...
SBI invokes personal guarantees given by KSK Energy promotersKSK Mahanadi Power’s 3600 megawatt power project located in Chhattisgarh ranks amongst the five largest thermal power projects in India.
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...
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 ...
Adani Power is making a second attempt to acquire Chhattisgarh-based KSK Mahanadi PowerThe PFC-led consortium owns 80% in KSK Mahanadi Power after lenders converted a part of their Rs 21,000 crore of loans into equity.
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.
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 ...
- L&T unit bags orders worth Rs 2,503 crore in Q3 FY11
In the domestic market, E&GP OC won an order worth Rs 290 crore from Indiabulls for works related to its thermal power projects at Amravati...