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MONNET 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...- 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...
- JSP acquires debt-laden Monnet Power for Rs 410 crThe new asset will provide power to JSP's steel plant in Angul, which is in expansion mode, Mantri said. Replying to a question related to ...
- 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...
- Alvarez & Marsal appointed admin for Essar ProjectsEssar Projects and Monnet Power, both privately held, together owe more than Rs 6,000 crore.
- 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...
- 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...
- 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.
- 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.
- 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.
- 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 Power IPO likely by Sept 2011: CFO, Monnet IspatAjay Bhat, CFO, Monnet Ispat and Energy Ltd., says that the company is planning to come up with an IPO for the power business.
- 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.
- Blackstone may buy 12% in Monnet Power for Rs 300 crBuyout firm Blackstone may announce the purchase of 12% of Monnet Power for Rs 300 crore as early as this week, according to two persons wi...
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