BPCL to buy balance stake in Bharat Oman Refineries

January 2021

Bharat Petroleum Corporation Limited  (BPCL) will acquire a 36.62 per cent stake in Bharat Oman Refineries Limited (BORL) from OQ S.A.0.C. (formerly Oman Oil Company S.A.O.C.). This would amount to 888 million equity shares. Currently, […]

IL&FS to sell China road asset to PingAn Insurance

January 2021

The IL&FS Group has received legal approval for the sale of its Chinese road asset, Chongqing Yuhe Expressway Company Limited (CYEC), to the China Merchants & PingAn Infrastructure Phase 1 Equity Investment Fund (Tianjin), a […]

AAI approves Adani’s takeover of MIAL

January 2021

The Airports Authority of India (AAI) has approved the Adani Group’s share transfer proposal for Mumbai International Airport Limited (MIAL) from GVK Airports Holding. Under the deal, the Adani Group will take over the 50.5 […]

NIIF to acquire two toll road projects from Essel

November 2020

The National Investment and Infrastructure Fund (NIIF) will acquire two toll road projects from the Essel Group. The acquisition of Essel Devanahalli Tollway Private Limited and Essel Dichpally Tollway Private Limited will be made through […]

ONGC Videsh to acquire stake in Senegal oil field

November 2020

ONGC Videsh Limited has entered into a definitive agreement to buy Australian company FAR’s stake in the $4.2 billion Rufisque-Sangomar offshore oil project in Senegal. According to ONGC Videsh, the definitive agreement is for buying […]

Adani Transmission looks to buy Essel project

November 2020

Adani Transmission Limited is planning to buy Warora Kurnool Transmission Limited, an SPV set up by Essel Infraprojects Limited in April 2015. Warora Kurnool is laying 941 km of transmission lines across Maharashtra, Telangana and […]

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