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OPG POWER VENTURES
Vedanta, Torrent, among companies in race for Coastal EnergenIn February last year, the Chennai bench of the National Company Law Tribunal (NCLT) admitted the power producer for corporate insolvency a...- 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...
- Edelweiss set to take over Adhunik PowerSale of distressed assets to fetch lenders cash upfront for the first time.
- Edelweiss ARC makes Rs 500-crore bid for AdhunikEdelweiss Asset Reconstruction Company has assured that banks led by State Bank of India will not have to take a haircut as they go about r...
- The week that was: BSE gives IPO mart a great start, but cash ban hangover staysThe IPO of BSE, which was sold between Jan 23 and Jan 25, was subscribed 51 times in a price band of Rs 805-806 a share. This was the first...
- 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)...
- 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.
- 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 capacityOPG 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 2014London-based power company OPG Power has earmarked an investment of Rs 3,000 crore to increase over 6-fold its generation capacity by 2014.
- More GDRs likely on cut in timeline for floor priceMore Indian cos to take GDR route on lower timeline for floor price.
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