Will the power sector be as lucky as steel and find its own Liberty House?

UK-based Liberty House was a bidder for ABG Shipyard and Bhushan Power and Steel and managed to win two assets in the insolvency process- Amtek Auto and Adhunik Metaliks

The insolvency process in the sector marked the entry of Liberty House into India's steel industry, a name largely unknown in the country, beating established ones like the Tatas and the JSW Steel. With more than a dozen stressed power assets now piling up at insolvency courts, one may ask if the sector will see the emergence of a Liberty.

Outside of NCLAT, lenders saw interest from companies like Adani Power, Tata Power's joint venture Resurgent Power and JSW Energy for the take over of stressed companies. This, most industry experts say is unlikely to change in a big way. 

"Global