IndiaCatalog.com
Login Signup
IndiaCatalog.com
Home Web Directory Classifieds Yellow Pages Global Directory City Guide News Photo Galleries
Login
Signup
  • Home
  • News
  • Essar Power Ltd. Related news

Essar Power Ltd. Related news

Essel Group to sell 205 mw solar assets to Adani Green Energy

Essel Group to sell 205 mw solar assets to Adani Green Energy

Multi-faceted business conglomerate Essel Group has taken another step towards its overall process of asset divestment. The group on Thursday said that it has signed an agreement with Adani Green Energy to sell 205 megawatt (mw) projects.

The operating solar assets of Essel Green Energy Pvt Ltd and Essel Infraprojects Ltd, located in Punjab, Karnataka and Uttar Pradesh, are being sold at an enterprise value of Rs 1,300 crore, the group said in a statement.

NCLT no to Essar Power proposal to settle dues for Jharkhand unit

NCLT no to Essar Power proposal to settle dues for Jharkhand unit

The National Company Law Tribunal (NCLT) has rejected the proposal of Essar Power Jharkhand to settle its dues to the lenders, led by ICICI Bank. The NCLT will take up the matter for further hearing on June 7.

ICICI Bank moved the NCLT in January 2018 to recover its dues. Essar Power Jharkhand owes creditors (operational and financial) a total of around `4,393 crore.

Essel Group in talks with Adani, CPPIB, Engie for sale of solar assets

Essel Group in talks with Adani, CPPIB, Engie for sale of solar assets

Essel Group is once again in market to sell its 685-MW solar power portfolio, this time on a piecemeal basis. The company is said to be in talks with Adani Power, Canadian Pension Plan Investment Board (CPPIB) after Actis Energy’s discussion to purchase the entire portfolio hit a valuation hurdle, people close to the development told FE.

ArcelorMittal offers Rs 4,800 crore for Essar’s Mahan power project in MP

ArcelorMittal offers Rs 4,800 crore for Essar’s Mahan power project in MP

ArcelorMittal has offered lenders Rs 4,800 crore for Essar’s 2×600 MW Mahan thermal power project in Madhya Pradesh, surpassing the Essar promoters’ one-time settlement offer of Rs 3,500 crore, a senior PFC official told FE.

Rajeev Sharma, chairman and managing director of PFC, which is one of the consortium lenders to Essar Power’s MP project, told FE, “We are in process of evaluating the offer.

Power crisis looms in Gujarat as Adani, Essar stop supply

Power crisis looms in Gujarat as Adani, Essar stop supply

A power surplus state till recently, Gujarat may witness a scorcher of a summer, with private power producers —Adani and Essar — discontinuing supply on account of paucity of coal. The situation forces the state to meet demand by procuring expensive power from energy exchanges and other sources. Gujarat Urja Vikas Nigam (GUVNL) has invited bids for procurement of 2,000 MW of power for April, May and June to meet rising demand.

Post a FREE Classified Advertisement

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.

Most Read News

IndiaCatalog News
Bank credit growth hits three-year high of 13.1%, shows RBI data
IndiaCatalog News
Sebi allows mutual funds to resume investing in international stocks
IndiaCatalog News
HDFC Life Insurance to raise up to Rs 350 crore debt capital via bonds
IndiaCatalog News
Agnipath: 15 held, 225 booked for violence, blocking expressway near Noida
IndiaCatalog News
Average salary of Indian CEOs hits 3-year high of Rs 11.2 cr in FY22

CORPORATE NEWS

Amazon India
Amazon India
Hyundai Motor India Ltd.
Hyundai Motor India Ltd.
Coal India Ltd
Coal India Ltd
Essar Power Ltd.
Essar Power Ltd.
LIC Housing Finance Ltd
LIC Housing Finance Ltd
Infosys Technologies Limited
Infosys Technologies Limited
Cipla Limited - Mumbai.
Cipla Limited - Mumbai.
N I I T
N I I T

PHOTO GALLERY

Nani
Nani
Captain Tractors
Captain Tractors
BMW X3
BMW X3
KubotaTractor
KubotaTractor
Vikram
Vikram
Dookudu
Dookudu
Vivegam
Vivegam
GundelloGodari
GundelloGodari
IndiaCatalog.com

IndiaCatalog.com is a website brought to you by Portland Technologies to provide directory of Indian websites, News, City Guides and profiles of Indian Businesses. Portland Technologies also provides IT solutions for Small and Medium Businesses in India.


Products

India Web Directory

Global Web Directory

Yellow Pages

Photo Galleries

FREE India Classifieds


Useful links

About us

Advertise

Link to us

Submit a Site

Business Reviews


Contact

Plot #37, Ramnagar Gundu, Hyderabad - 500 044

service@indiacatalog.com

+91-40-23756949


© Copyright: IndiaCatalog.com