Uttar Pradesh is set to develop two world-class Integrated Manufacturing Clusters (IMCs) in Agra and Prayagraj, investing an estimated Rs 1...

Prime Minister Modi will visit Prayagraj on Friday to inaugurate and launch development projects worth ₹5,500 crore, including infrastructu...

Uttar Pradesh Chief Minister Yogi Adityanath inspected preparations for Prime Minister Narendra Modi's visit to Prayagraj on Friday. The CM...

The projects have been completed by TPREL within the agreed timelines despite COVID challenges. The plants are expected to generate more th...

Financial creditors took a 52% haircut on their ₹12,500 cr of loan exposure to the company.

Renascent Power Ventures Pvt Ltd, the wholly-owned subsidiary of Resurgent Power Ventures Pte, has acquired 75 per cent stake in Prayagraj ...

APTEL has upheld approval granted for transfer of 75.01 per cent ownership of Prayagraj power project to Renascent Venture but without any ...

The order can be useful in deciding fate of renewable energy contracts in Andhra Pradesh.

UP regulator has asked Resurgent to cut tariffs for consumers for buying Prayagraj at a lower valuation.

Problems in authentic valuation of stressed projects had earlier forced NTPC to abandon a proposal to acquire some of the troubled plants.

In most resolution proceedings, banks have finalised the bidders but could not finalise deals due to resistance from 15-20% lenders.

Almost all the 34 identified power projects with Rs 1.8 lakh cr loans will head to NCLT.

The project cost of GMR project was Rs 11,542 crore with debt component of Rs 8,173.9 crore while equity of Rs 3,367.54 crore.

JSW Energy’s offer is laced with conditions that make it less attractive, said two senior bank officials who did not want to be identified.

The unit has been commissioned at the 3*660 MW Prayagraj super thermal power project, located in Bara tehsil in Allahabad district of Uttar...

According to the statement, this is the first supercritical thermal unit in the state to achieve capacity addition on attaining full load.

State-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.