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PRAYAGRAJ POWER COMPANY LTD
JP Power shares surge 28% in 2 days, Adani Power hits fresh 52-week high amid optimism around stake acquisitionJaiprakash Power Ventures shares surged on Friday, extending their two-day rally to 28%, amid strong investor optimism surrounding Adani Po...- JP Power shares soar 20% on optimism around Adani Power’s 24% stake purchaseJaiprakash Power Ventures shares surged on Wednesday, extending gains for a fifth straight session and rising more than 25% during this per...
- Dalmia Bharat nears deal for JAL cement assets after Adani insolvency takeover: sourcesDalmia Bharat is set to acquire Jaiprakash Associates' cement assets for over Rs 2,500 crore. This follows Adani Group's acquisition of Jai...
- Adani’s ₹5,700 crore Jaypee takeover gets monitoring panel to oversee execution of key dealsAdani Enterprises is embarking on a transformative journey to breathe new life into Jaiprakash Associates. With assets valued at around ₹5,...
- Adani Power inks deals to buy Jaiprakash Power stake, Churk assets for over Rs 4,193 crore totalAdani Power is set to acquire a significant stake in Jaiprakash Power Ventures and a thermal power plant. This move is part of a resolution...
- Quit metro life for a smaller city? Here’s the real money math Indians must check before movingMany are trading metro life for tier 2 cities, seeking better quality of life, cleaner environments, and reduced stress. While income may f...
- Power equipment startup Ayr Energy in talks to raise $25-30 million: sourcesUS-based Ayr Energy is in talks to raise $25–30 million from Energy Impact Partners, which could value the startup at around $200 million. ...
- Tata Power Renewable Energy commissions 100 MW solar projs in Uttar PradeshThe projects have been completed by TPREL within the agreed timelines despite COVID challenges. The plants are expected to generate more th...
- Uttar Pradesh government withdraws privatisation plan for electricity distribution companiesAs per the agreement signed after the meeting held by state power minister Shrikant Sharma and its finance minister Suresh Khanna, Uttar Pr...
- Banks recover ₹6,000 crore in Prayagraj saleFinancial creditors took a 52% haircut on their ₹12,500 cr of loan exposure to the company.
- APTEL approves acquisition of Prayagraj power project by Tata Power JVAPTEL has upheld approval granted for transfer of 75.01 per cent ownership of Prayagraj power project to Renascent Venture but without any ...
- Hiccups in Resurgent’s Bid to acquire PrayagrajBankers are worried that withdrawal by the Tata and ICICI Bank joint venture company could indefinitely delay the resolution process.
- Hiccups in Resurgent’s bid to acquire PrayagrajIf Resurgent pulls out of the deal, bankers would be forced to take the company to the NCLT.
- Tata's backed Resurgent Power makes better offer for Prayagraj PowerJSW Energy’s offer is laced with conditions that make it less attractive, said two senior bank officials who did not want to be identified.
- Tatas, JSW in race to buy Prayagraj PowerThe N Chandrasekaran-chaired Tata conglomerate and the Sajjan Jindal-controlled JSW Group have been competing against each other to purchas...
- Jaiprakash Power offers to sell Nigrie project to NTPCNTPC had invited bids from promoters, lenders and financial intermediaries offering their domestic coal-based power plants in November last...
- Lenders scout for new owner for JP Group arm Prayagraj PowerThe lenders have appointed SBI Caps to select an investor/s or buyer and subsequent change in the ownership of the company.
- BHEL commissions Prayagraj power project unit in UPAccording to the statement, this is the first supercritical thermal unit in the state to achieve capacity addition on attaining full load.
- JPVL shareholders clear Rs 1,000 crore for Bara projectJPVL today said its shareholders have approved Rs 1,000 crore investment in its subsidiary PPGCL for setting up a 1,980 MW thermal power pl...
- BHEL wins Rs 2,854 crore contract from BiharState-run BHEL today said it has bagged a Rs 2,854 crore contract for setting up a 1,980 MW thermal power project in Bihar.
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