Essar Power Limited has entered into a definitive agreement with ATL to sell one of its two transmission lines for Rs 19.13 billion. Essar Power Transmission Company Limited has 465 km of transmission lines across […]
The National Investment and Infrastructure Fund (NIIF) is in advanced discussions to acquire a road project jointly owned by Ashoka Buildcon and Macquarie India. The project, located in Madhya Pradesh, is estimated at around Rs […]
Power Grid Corporation of India Limited (Powergrid) has acquired Mohanlalganj Transmission Limited (MTL) in Uttar Pradesh for over Rs 91.1 million, including 10,000 equity shares at Rs 10 each, along with assets and liabilities of […]
Rays Power Infra Private Limited has sold its solar projects in the states of Tamil Nadu, Karnataka and Telangana to two global investors, at an aggregate enterprise value of over Rs 7 billion. Post the […]
Resurgent Power Ventures Private Limited has been awarded a letter of intent (LoI) by the resolution professional of South East UP Power Transmission Company Limited (SEUPPTCL), selecting Resurgent as a successful resolution applicant under the […]
The Kotak Special Situations Fund (KSSF), the $1 billion investor in distressed assets, is close to taking control of Telangana-based HKR Roadways, an SPV building the 207 km Hyderabad-Karimnagar-Ramagundam highway. Hyderabad-based Gayatri Highways Limited controls […]
JSW Energy has signed a business transfer agreement with JSW Cement for the sale of an 18 MW thermal power plant at Salboni in West Bengal for Rs 956.7 million. Earlier, the board of JSW […]
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