SC revives Adani Power's Rs 27,000 cr bankruptcy resolution for KSK Mahanadi projectThe Supreme Court overturned the Telangana High Court’s order, allowing insolvency proceedings for Adani Power's Rs 27,000-crore bid for th...
14 Oct, 2024, 06.53 PM IST
UPPCL's plea may delay KSK Mahanadi resolution processThe Uttar Pradesh Power Corp has filed a writ petition to consolidate insolvency proceedings of KSK Mahanadi and its subsidiaries, potentia...
27 Sep, 2024, 02.02 AM IST
KSK lenders to sell company's two arms to Medha Servo DrivesLenders have decided to sell two key ancillary companies of KSK Mahanadi Power to Medha Servo Drives, choosing them over Adani Power, the h...
24 Aug, 2024, 12.41 AM IST
With ₹27,000 crore, Adani tops KSK Mahanadi bidder listBanks had received a total of 10 financial bids for the thermal power company by Thursday evening. Other bidders include Capri Global Holdi...
03 Aug, 2024, 05.30 AM IST
NCLT allows fresh round of bidding for KSK MahanadiThe National Company Law Tribunal (NCLT) has allowed KSK Mahanadi Power Company Ltd's committee of creditors (CoC) to invite fresh bids for...
07 Jun, 2024, 12.19 AM IST
KSK Mahanadi to NCLT: Change of circumstances calls for fresh biddingKSK Mahanadi Power Company, represented by its Resolution Professional's counsel, informed the NCLT, Hyderabad, on Monday, that new circums...
07 May, 2024, 12.56 AM IST
KSK Mahanadi lenders may ask NCLT to speed up firm's sale processOn February 6, a requisite majority of KSK Mahanadi lenders passed a resolution to appeal to the National Company Law Tribunal (NCLT) to va...
10 Feb, 2024, 12.31 AM IST
Punjab and Sind Bank to sell KSK Mahanadi loans to ARCsPunjab and Sind Bank, frustrated by the delay in resolving KSK Mahanadi Power's corporate insolvency, plans to sell its debt to asset recon...
28 Jan, 2024, 11.10 PM IST
Punjab & Sind Bank to sell two KSK loansThe lender is looking to recover over 50% from the sale. The bank has invited bids for a loan of ₹110 crore for KSK Mahanadi and ₹45 crore ...
18 Aug, 2023, 01.03 AM IST
Jammu and Kashmir Bank likely to sell Rs 303 crore KSK Mahanadi Power debt to ASRECThe Swiss challenge auction is scheduled on February 27, according to a notice issued by the bank early this week. If the offer by the ASRE...
16 Feb, 2023, 12.37 AM IST
UBI looks to sell KSK Mahanadi, Raigarh Champa debt to ASRECAn offer of ₹828 crore for KSK Mahanadi and ₹38 crore for Raigarh Champa Rail by ASREC last week triggered a Swiss challenge auction, the p...
14 Feb, 2023, 12.40 AM IST
Long delays in power resolution tests bankers' patienceCentral Bank of India last week followed Indian Overseas Bank to sell its loans to Chhattisgarh-based KSK Mahanadi Power Co, as the project...
18 Jan, 2021, 03.40 PM IST
KSK Mahanadi’s insolvency in limbo as 4 bidders back outThe four bidders were among seven applicants that had expressed interest in acquiring the power company that owns a 3,600 MW thermal power ...
08 Jan, 2021, 10.07 AM IST
Long standing Indo-Nepal partnership threatened by vested interests in KathmanduAfter India became independent, the first Indian Prime Minister Jawaharlal Nehru stressed for economic development of Nepal to continue wit...
16 Jun, 2020, 07.44 PM IST
- How countries can curb antibiotic resistance
New Delhi, Sep 9 (IANS) The proliferation of disease-causing antibiotic resistant organisms is correlated with many social and environmenta...
09 Sep, 2018, 11.07 AM IST
- GoM to meet on identifying “inviolate” forest areas
The ministerial panel headed by Agriculture Minister Sharad Pawar to the environment ministry’s report on identifying “inviolate” forest ar...
17 Feb, 2013, 07.05 PM IST
- Uncertainties over availability of fuel, land and water leave projects out of power
India is heading for a huge power deficit in 3 yrs as developers have slowed execution of projects worth Rs 1,50,000 cr due to uncertainty,...
22 Nov, 2011, 02.09 AM IST