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MW MONNET POWER
JSPL acquires Monnet Power for Rs 410 crore at auctionNaveen Jindal-promoted JSPL acquired Monnet Power for a captive purpose. The 1,050 MW Monnet Power plant is located next to JSPL's Angul st...- Monnet Ispat posts net loss of Rs 358.60 croreIn March, the company's shareholders approved the proposal to sell Monnet's stake in a power subsidiary firm -- Monnet Power Company Ltd (M...
- JSW Energy inks pacts with Monnet for acquisition of power armJSW Energy has entered into a non-binding pact with MIEL for a possible acquisition of its power arm, which is setting up a 1,050 MW therma...
- Monnet Ispat in talks to sell part of power armMonnet Ispat & Energy is in preliminary talks with potential buyers for selling partial stake in its power business, Monnet Power Company.
- Monnet Ispat surges nearly 13% on likely stake sale by promotersMonnet Ispat surged as much as 13% on reports that Adani Group and Sajjan Jindal-owned JSW Group are looking to buy a majority stake.
- Adani, JSW vie for majority stake in Monnet PowerThe deal, likely to be sealed in April, will help the promoters reduce debt of Monnet Ispat, which stood at Rs 10,000 crore as on March 31,...
- Monnet to sell stake in power subsidiary to strategic partnerMIEL is currently engaged in preliminary discussions with five-six power utilities, including a foreign firm, for strategic part-stake sale.
- Adani Power, JSW Energy, Tata Power, CESC eye power assetsDeal activity has picked up as the government’s norms suggest that the end-use facility will have to be specified to be eligible for biddin...
- Power Ministry seeks coal linkages for Essar Power, Monnet Power, 4 othersIt also said projects have been commissioned or are likely to be commissioned by March, next year.
- 'Odisha to renew MoUs with 7 IPPs within 2 months'Odisha government today decided to extend tenure of the pacts with seven independent power producers (IPPs) within 60 days, official source...
- Monnet Ispat mulls setting up 660 MW plant in OdishaThe company has also to look for a coal mine to fire the project as coal from the Mandakini mine in Odisha would be consumed by the 1,050 M...
- 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 Ispat close to acquiring Indonesian coal mineAs coal prices rise sharply and short supply of coal gets deeper in India, power and steel companies are scouting for coal assets abroad.
- 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.
- Monnet Power plans IPO in 3 yearsMonnet Power plans to raise around Rs 2,500 crore by selling shares in a public offer within the next three years to fund its 2,000 MW powe...
- Monnet Ispat surges 13 pc to one-month high on stake saleMonnet Ispat today jumped over 13 per cent in early trade on BSE to a one-month high, a day after US-based Blackstone Group bought a 12.5 p...
- Blackstone buys 12.5 pc stake in Monnet Power Co for Rs 275-crGlobal buyout major, Blackstone Group, has bought a 12.5 per cent stake in power producer Monnet Power Company (MPCL) for Rs 275-crore.
- Monnet arm set to acquire rights for Indonesian mineMonnet Global, the overseas subsidiary of steelmaker Monnet Ispat & Energy (MIEL), is all set to acquire the mining rights for a 250-millio...
- 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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