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ADANI LANCO
SBI to down-sell part of ₹1,800-cr loan for Adani's Lanco buyState Bank of India is negotiating with other banks to sell a part of the INR 1,800-crore loan given to Adani Power for acquiring Lanco Ama...- Multibagger Adani Power’s shares jump over 4%; here's whyAdani Power proposes to acquire 100% share capital and control of Lanco Amarkantak Power, pursuant to the corporate insolvency resolution p...
- CCI clears Adani Power’s purchase of Lanco AmarkantakAdani Power proposes to acquire a 100% stake and control of bankrupt Lanco Amarkantak following a corporate insolvency resolution process (...
- Adani Power wins bid for Lanco Amarkantak at ₹4,101 croreLenders had pegged Adani Power's latest offer of ₹4,101 crore as the base price for the auction of the thermal power company. They also sti...
- Jindal Power bids higher than Adani company for Lanco Amarkantak PowerLast week, JPL sought the bankruptcy court's approval to participate in the sale process of Lanco Amarkantak. On Friday, the Amaravati benc...
- Lanco lenders to vote on Adani Power's ₹4,100-crore offerKPMG-backed resolution professional (RP) Saurabh Kumar Tikmani will also seek direction on withdrawing the Power Finance Corporation-led co...
- Adani firm raises offer for Lanco Amarkantak Power for second timeAdani Power had offered Rs 3,650 crore, as reported by ET on November 2. The unsolicited offers are made almost 10-11 months after 95% of l...
- CBI court orders probe into Jharia coal block bidsThe court has also directed the Central Bureau of Investigation (CBI) to probe "other aspects" and alleged involvement of some officials in...
- Lanco surges 9 per cent on closing of power plant sale to AdaniStocks of Lanco Infratech today surged nearly 9 per cent after Adani Power completed the acquisition of its Udupi Power plant for Rs 6,300 ...
- Adani Group completes Rs 6,300 crore Lanco Infratech’s Udupi plant dealGautam Adani-led Adani Group has finally acquired Lanco Infratech's 1200 MW Udupi power plant for an enterprise value of Rs 6,300 crore.
- Lanco Infratech-Adani complete Udupi power plant deal after resolving issuesThe deal pegs the enterprise value of the Udupi Power plant at Rs 6,300 crore, making it the biggest deal in the power sector.
- Adani to clinch sweetened $1 billion Udupi power dealA formal announcement is due anytime now. Official queries to both Adani Power and Lanco remained unanswered at the time of going to press.
- Delhi High Court rejects Adani Power Ltd's plea to stop Lanco Infratech Ltd from selling Udupi power plant sharesAdani had also accused Lanco of trying to unilaterally terminate the SPA, even though Adani had agreed to extend the same till March 31, 20...
- Adani-Lanco Udupi deal hits deadline roadblockLast August, Gautam Adani had outsmarted Sajjan Jindal at the last minute to buy Lanco’s flagship imported coal-fired project.
- Lanco Infratech puts plants with 3,000 MW capacity on sale to reduce debtThe Hyderabad-based company has appointed investment bankers to help it with the sale, which could be India’s biggest such sale.
- Gautam Adani buys Lanco's Udupi thermal power plant for Rs 6,000 croreIn both the cases the acquirer moved in stealthily at the last minute in a dramatic and thrilling turn of events. And the negotiations last...
- Lanco Infratech, Adani Power gain on Udupi power plant deal"This is a good example of increasing asset sale and balance sheet improvement in India's power & infrastructure sector," said Maybank Kim ...
- Adani Power buys Lanco Infratech’s Udupi thermal power plantLanco Infratech, which has a market capitalisation of Rs 2,054 cr, said it will receive Rs 2k crore in cash and transfer debt of about Rs 4...
- Lanco Infratech subsidiary wins case in Australian court; stock up 8%Lanco Infratech surged over 8% on Monday after the Supreme Court of Western Australia pronounced judgement in fovour of Griffin Coal Mining.
- Mahavitaran issues LoA to Adani, LancoMahavitaran on Tuesday said that it has issued Letters of Acceptance (LoA) to Adani Power and Lanco Power for their Gondia and Chhattisgarh...
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