The central government approved the divestment proposal of Air India on January 7, 2020 and revealed that the expression of interest document will be issued soon. Apart from this, the government has also approved transfer […]
In the absence of requisite approvals from the Department of Telecommunications (DoT), Bharti Infratel and Indus Towers have again extended the timeline for closing their merger deal to February 24, 2020. Originally planned for conclusion […]
Reportedly, the Canada Pension Plan Investment Board (CPPIB) has emerged as the front runner to acquire Ashoka Concessions, and is likely to sign a deal at an enterprise value of Rs 55 billion. Existing shareholders […]
The Essel Group has signed an agreement to sell its 480 MW under-construction solar energy portfolio to Adani Green Energy Limited. The company had earlier sold 205 MW of its operational solar energy portfolio to […]
Vector Green Energy Private Limited, an independent power producer which operates wind and solar projects, has acquired 225 MW solar generation capacity from RattanIndia Power Limited. The acquirer is a wholly owned subsidiary of India […]
The NCLT has ordered the liquidation of Essar Power Jharkhand Limited (EPJL) after the sole bidder for the company refused to furnish a performance bank guarantee after bidding for the power plant. EPJL had planned […]
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