In March, the company's shareholders approved the proposal to sell Monnet's stake in a power subsidiary firm -- Monnet Power Company Ltd (M...

The Delhi High Court will on September 15 hear a petition against the government's move to cap the costs of power plants.

Monnet Ispat & Energy Ltd (MIEL), which won a coal block in Odisha for about Rs 9,537 crore in the recent mines auction, is set to surrende...

In 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 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...

The company has argued that capping fixed costs after the auction of coal blocks “amounts to ex-post facto change in bidding conditions of ...

Monnet Ispat & Energy is in preliminary talks with potential buyers for selling partial stake in its power business, Monnet Power Company.

The 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,...

Shares of Monnet Ispat & Energy surged over 8 per cent today after its subsidiary bagged the Utkal C mine in Odisha in the second phase of ...

MIEL is currently engaged in preliminary discussions with five-six power utilities, including a foreign firm, for strategic part-stake sale.

Odisha government today decided to extend tenure of the pacts with seven independent power producers (IPPs) within 60 days, official source...

US-based Blackstone Group has acquired 7.12% equity in Monnet Ispat & Energy for $50 million (about Rs 230 crore).

As 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, 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 Ispat today soared over 18 per cent to touch an all-year high on the BSE, a day after it sold a 12.5 per cent stake in its arm, Monn...

Monnet 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...

Global buyout major, Blackstone Group, has bought a 12.5 per cent stake in power producer Monnet Power Company (MPCL) for Rs 275-crore.