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UPPCL POWER DEAL
Forever Global Enterprises acquires Dhampur Bio Organics' Meerganj facility for INR 305 crores, marking entry into Uttar Pradesh's sugar sectorForever Global Enterprises Limited has acquired Dhampur Bio Organics' Meerganj unit for INR 305 crores. This strategic move integrates a 9,...- Adani Power shares soar 12% in 5-day rally. Is it time to book profits?Adani Power shares rallied 12% in five sessions, defying market weakness despite mixed Q4 results. Gains were driven by new orders, expansi...
- 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...
- Adani, Torrent submit expressions of interest for South East UP Power TransmissionIsolux Corsan had won a 35-year concession to build 1,600 km of power transmission network in Uttar Pradesh in 2011. It had borrowed 4,500 ...
- Adani, Torrent submit EoIs for South East UP Power Transmission CompanyThe transmission infrastructure is partially complete. The Madridbased company has built lines and sub-stations within a 600 km stretch nea...
- Banks recover ₹6,000 crore in Prayagraj saleFinancial creditors took a 52% haircut on their ₹12,500 cr of loan exposure to the company.
- Market Movers: What changed for D-Street while you were sleepingA number of companies scheduled to announce their quarterly numbers will also see stock-specific actions.
- 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.
- UP Power Corporation Ltd establishes computerised consumer call centreWith power woes being a recurring feature in the state the Uttar Pradesh Power Corporation Ltd has established a dedicated computerised cal...
- Reliance Energy buys Rosa PowerReliance Energy will now set up the Rosa thermal power project initially owned by the Aditya Birla group.
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