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MALANA POWER COMPANY
JSW Neo frontrunner to acquire Statkraft's HP hydro power unitJSW Neo Energy is likely to acquire Statkraft's Himachal Pradesh hydro power unit, offering ₹1,200-1,400 crore. This acquisition is part of...- KKR-backed Serentica to buy Statkraft's solar power business for Rs 1,942-2,207 crSerentica Renewables, backed by KKR, has acquired Statkraft's solar power business in India. The deal is valued between $220-250 million. S...
- LNJ Bhilwara buys out Statkraft’s 49% stake in hydro power JVLNJ Bhilwara Group, through HEG, is acquiring Statkraft's 49% stake in Malana Power Company, gaining full ownership of the 300 MW hydro pow...
- JSW Neo Energy, Blackstone, other cos line up for Statkraft wind-downJSW Neo Energy, Blackstone, and KKR-backed Serentica Renewables have submitted binding financial bids for Statkraft's wind and solar energy...
- Serentica, BlackRock, Sembcorp lead the race to buy Statkraft IndiaSerentica Renewables, BlackRock, and Sembcorp are leading the acquisition race for Statkraft's Indian arm, submitting bids between $1.2-$1....
- Power titans in fray for Statkraft's India unitFifteen companies, including Tata Power, Adani Green, and KKR-backed Serentica Renewables, are competing to acquire Statkraft's India unit,...
- 14 hydropower projects damaged due to flash floods in Himachal since July 25At least 14 hydroelectric projects in Himachal Pradesh have been damaged due to flash floods since July 25, some multiple times over the pa...
- Statkraft group firms move Himachal Pradesh high court against water usage cessUnits of Norway-owned Statkraft have moved Himachal Pradesh’s high court challenging a decision by the state government to impose a water u...
- Hydro power firms could take financial hit due to new levy by Himachal PradeshHydropower firms may face rising costs after the introduction of a new water usage fee in March in the state of Himachal Pradesh. Firms inc...
- Statkraft, first MNC to buy bankrupt Indian power firmOslo-headquartered Statkraft was pitted against Biocon-backed Ampyr Energy, ReNew Power, an arm of state-owned NTPC and European renewable ...
- Norway's Statkraft submits debt resolution plan for Lanco unit"Given hydropower's importance to India's grid, we are keen on developing stressed hydropower projects in India, including the Mandakini pr...
- Demand for action against Kangana Ranaut over her remarks on India's independence intensifies, complaint filedThere were also demands that the Padma Shri awarded to her should be taken back.
- Statkraft in advanced talks to buy Lanco Infratech’s hydel power unitThis is Statkraft’s second attempt at acquiring the company. It had conducted detailed studies of the company’s projects three years back b...
- BEL to sell 10.8 per cent stake for Rs 230 crLNJ Bhilwara Group firm Bhilwara Energy (BEL) on Monday said that it will dilute nearly 11 per cent stake to two foreign investors for rais...
- Bhilwara to raise $250 m for power playBhilwara Energy is going to raise equity worth $200-250 million over the next 6-10 months for its upcoming mid-sized power projects.
- Bhilwara Energy raises Rs 105 crThe fund is raised through a private equity placement to New York Life Investment Management and Wachovia Corporation.
- Merchant power plant to boost investmentGovernment wants to initiate the merchant power plant programme for pvt sector investment in power projects.
- Bhilwaras in talks with PE funds for power businessThe LNJ Bhilwara Group is all set to give its energy portfolio a new punch. The Rs 2,400-crore diversified conglomerate is incorporating a ...
- LNJ Bhilwara Group incorporates BELLNJ Bhilwara Group on Monday announced incorporation of Bhilwara Energy Limited (BEL) to its existing list of companies, as it plans to inv...
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