Reliance, Adani, Vedanta among companies in race for Bhadreshwar VidyutThis is the third bankrupt power producer for which two of the country's largest corporate houses - Reliance Industries and the Adani Group...
Lenders to gain control at Lanco Infratech for a 60 per cent equity stakeUnder the plan for the power business, the OPG group was asked to immediately infuse Rs 150 crore as equity with an assurance to bring in o...
4 minnows bid for Lanco Infra, banks fear steep haircutThe resolution professional has not asked for a minimum capital requirement from applicants to be eligible to submit a resolution plan.
Did the early bird really get the NSE worm?A review of the investigation reports, NSE's replies to the findings and conversations with key people involved suggest a drawn-out quest w...
Adhunik Power owners plan equity infusion to retain controlEarlier this month, OPG Power Ventures had proposed to acquire majority stake in Adhunik Power under the strategic debt restructuring (SDR)...
OPG plans to sell Lanco Anpara assets to raise Rs 1,600 croreA person close to the development said IDBI last Friday accorded final approval to the scheme involving transfer of coal-fired power assets...
Lanco may sell majority stake in coal projects to pare debtAs part of the agreement with lenders, Lanco Anpara (2X600 mw) will be put on sale and the proceeds will be used to complete unfinished pow...
Lanco Infra in discussions with lenders to sell assetsThe filing was in response to clarification sought by the bourses on a news item which said that OPG power ventures may buy out Lanco's Ama...
OPGS to commission its Rs 1,855 crore 300 MW plant in GujaratThe work on the mega project was started three years ago and around 300 acre land was acquired from private owners in Kutch, he said.
Aggressive bidding starts for coal blocks; bidders claim zero fuel cost for Talabira-IThis means when the bidding for the Talabira-I coal block, meant for power sector, starts bidders will have to quote a price higher than th...
UK's OPG Power Ventures to invest 1.5 billion pounds in GujaratThe UK is India's largest G-20 investor and India invests more in the UK than it invests in the rest of the European Union combined.
- OPG Power Ventures to invest Rs 3000 cr to expand capacity
OPG Power Ventures PLC, a power generation company listed on the London Stock Exchange, will invest Rs 3,000 crore to set up three new proj...
- OPG Power to invest Rs 3,000 cr by 2014
London-based power company OPG Power has earmarked an investment of Rs 3,000 crore to increase over 6-fold its generation capacity by 2014.
'OPG violating environment nod conditions for its power plant'The environment impact assessment authority of Gujarat has told the National Green Tribunal that the OPG Power Gujarat Pvt Ltd is violating...
- NGT seeks replies on breach of its order on Gujarat power project
The orders came on a plea alleging violation of February 8 orders and seeking direction for immediate stoppage of the construction work.
- Stop OPG's power plant work at Mudra untill it gets environmental clearance: National Green Tribunal
Green Tribunal has ordered OPG Power Gujarat Pvt Ltd to stop all works at its 300 MW Bhadreshwar thermal power plant at Mundra in Gujarat.
- OPG Power Group denies media reports
The Group says it has not had any business relationship with, nor engaged, the firm of Money Matters for the purpose of procuring financing...