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MONNET STEEL AND POWER
JSPL to invest Rs 1,500 crore to make Monnet Power project operational: MD Bimlendra JhaThe 1,050 megawatts (MW) under-construction coal-based power project is located near JSPL's steel plant in Angul, Odisha. "We will invest f...- 5 firms interested in Monnet PowerThe company has debt of nearly Rupees 6,000 crore on its books.
- Heading for liquidation? No bidders for Monnet PowerResolution professional has called for a meeting of creditors on June 19 to decide whether company needs to go in for another round of bidd...
- JSW Steel, AION win bid to acquire Monnet IspatThe offer involved a haircut of almost 75% on a debt of more than Rs 10,000 crore.
- Bankruptcy proceedings: JSW Steel offers Rs 3,700 cr for Monnet IspatJSW is a bidder in the resolution proceedings of Monnet Ispat, which owes more than Rs 10,000 crore to its lenders.
- Monnet Ispat ends 20% up; company looks to divest stake in power armIn an interview to ET Now, a company’s spokesperson said, “We are looking to focus on core steel business; we are looking to divest power o...
- Coal mining licences of 11 captive blocks held by Tatas, Jindal Steel, Birla & Monnet Ispat cancelledThe coal ministry has cancelled coal mining licences of 11 captive blocks held by companies like Tata Sons, Jindal Steel & Power, Birla Cor...
- Coal panel recommends cancellation of blocks of Tata Sons, Birla Corp, Dalmia Cement, JSPLCoal panel recommends cancellation of blocks of Tata Sons, Birla Corp, Dalmia Cement, JSPL.
- Indian miners' consortium Afghan Iron & Steel Company close to getting mining project in AfghanistanAfghan Iron & Steel Company, or AFISCO, has just completed its fifth and possibly final negotiations on Tuesday.
- Bhushan Steel, Monnet Ispat revive takeover bids to acquire Orissa SpongeTwo Delhi-based steelmakers - Bhushan Steel & Power and Monnet Ispat & Energy - have indicated their intention to acquire up to 20% in Oris...
- Monnet Ispat, Bhushan Energy offer to buy Orissa Sponge sharesClose on the heels of an offer by Bhushan Power and Steel to buy shares in Orissa Sponge Iron, Monnet Ispat and Bhushan Energy made similar...
- Blackstone buys 7% stake in Monnet Ispat for $50 mnUS-based Blackstone Group has acquired 7.12% equity in Monnet Ispat & Energy for $50 million (about Rs 230 crore).
- Monnet Ispat earmarks Rs 500 cr for acquisitions of mines abroadThe company is scouting for buys in Botswana, South Africa and Mozambique to secure raw materials for its steel and power businesses.
- Monnet Ispat to sell 20% in power arm, raise 1,300 croreMonnet Ispat plans to raise about Rs 1,300 crore by selling up to 20% stake in its power arm by June next year.
- Monnet Q2 profit up 2 pc at Rs 65.60 cr despite cost pressureDomestic steel-maker Monnet Ispat has reported 2 per cent rise in net profit for the second quarter ending September 30 to Rs 65.60 crore, ...
- Monnet Q2 profit up 2 per cent at Rs 65.60 cr despite cost pressureThe company registered net sales of Rs 360.65 crore in the reporting quarter as against Rs 313.98 crore in the corresponding period of the ...
- Monnet Power secures fund for 1,050 MW project in OrissaMonnet Power, a subsidiary of steel-maker Monnet Ispat today said it has tied up funds for its 1,050 MW power project at Angul in Orissa.
- Power venture taking the next leap: EmkayET Now talks to Anish Damania, Head, Institutional Equity, Emkay Global Financial Services on Power stock.
- Orissa Sponge Iron to coopt Monnet Ispat as strategic partnerEven as the three-way takeover battle for control of Orissa Sponge Iron is hotting up, the board of directors of Orissa Sponge on Saturday ...
- Monnet to get mining rights in IndonesiaMonnet Global, the overseas subsidiary of steel maker Monnet Ispat & Energy Ltd (MIEL), is all set to acquire mining rights for a 250-milli...
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