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MAHANADI POWER PROJECT
JSW Energy acquires MCCPL to strengthen thermal portfolioJSW Energy is acquiring Maruti Clean Coal & Power Limited for Rs 1,410 crore. This move supports JSW Energy's goal of reaching 30GW capacit...- Deven Choksey bets big on Coal India’s value unlock storyCoal India's stock is attracting institutional investors due to attractive valuations and potential value unlocking from subsidiary listing...
- 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 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.
- 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.
- Mahanadi Coalfields eyes NTPC’s Odisha plantThe plant is scheduled to come up at Sundergarh in Odisha where Indian railways have laid a 53 km track to transport coal.
- Congress calls for tribunal if talks fail on Mahanadi river row"If the exercise fails to reach an understanding to protect Odisha's interest, the state government should ask the Centre to constitute Mah...
- Pranab Mukherjee urged to intervene in Mahanadi issue all non-BJD political parties in OdishaThe all party delegation also drew attention of the President to the dispute that Odisha was not consulted by the Central Water Commission.
- Coal linkage delayed for MCL's Rs 11,000 crore power plantMCL coal production for the current fiscal is expected to be 150 million tonnes (MT) out of the 550 MT production by Coal India.
- Coal India to appoint consultant for Rs 10,000 crore power plant in OdishaGoing ahead with its plan to set up a Rs 10K-crore power plant in Odisha, state-run miner Coal India in this fiscal will appoint a consulta...
- Coal India board ratifies Rs 11,000 crore thermal power forayCoal India sources said as these projects were treated as regular business and not policy decisions. They were approved despite the absence...
- L&T unit bags orders worth Rs 2,503 crore in Q3 FY11In 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...
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