IL&FS, Enel get bids for infrastructure assets

Adani Enterprises, Edelweiss Fund, Oriental Structural Engineers, GR Infrastructure and Kalyan Toll are among the 20 entities that have expressed interest in acquiring three road assets from IL&FS-Jharkhand Infrastructure Implementation, Jharkhand Road Projects Implementation, and Baleshwar Kharagpur Expressway. The interested parties include corporate houses, infrastructure and road construction companies, non-banking financial companies and funds, seeking to acquire the assets individually, in combination, or both. Six investors — Masdar Energy, Singapore-based Sembcorp, JSW Energy, Torrent Power, Sekura Energy and ONGC — have submitted non-binding bids to acquire 760 MW of operational assets in India from Italy’s Enel Group.