Odisha holds the balance 51% in OPGC which operates the 1,740 Mw thermal power plant at Banharpalli in Jharsuguda
The company has worked out the floor price of an equity share of Rs 33.82 to buy 96.53 crore scrips with the public for about Rs 3,264 crore
Barring a few, all privately-owned thermal power units, roughly about 40,000 Mw, constructed over the past decade were built using Chinese equipment.
KPMG's exit from the mandate means the entire process will now start afresh, led by RInfra itself
The project would supply 1,496 MW to Bangladesh Power Development Board after it is operational
The board of Adani Power is scheduled to meet on Wednesday to consider the proposal for voluntary delisting of the equity shares of the Company
Adani Power, GMR Energy, Avantha Power, Lalitpur Power, and Vedanta are some of the private companies that have applied for the 'import substitution' scheme of the Centre
The conglomerate has so far maintained a strategy to incubate a business and monetize it through public listing at a later stage.
Pench Thermal Energy has signed a power purchase agreement with MP Power Management Company Ltd (MPPMCL) for procurement of 1,320 MW of electricity on long-term basis
If the trading volumes shrink and the market is failing to reflect the true value of the counter in the price, the listed entity may find it to be very difficult to raise equity capital, analysts say.
Refinancing high-cost debt into low-cost debt is possible, thanks to the RBI's TLTROs
Clouding the valuation will be dues to generation firms and a possible CAG audit
The company's total income fell to Rs 6,327.57 crore in the quarter from Rs 8,077.89 crore in the year-ago period
Aggregate sales volumes registered for 2019-20 were at 16.4 billion units (BU)
BlackRock's alternatives business will make 'no future direct investments in companies that generate more than 25 per cent of their revenues from thermal coal production'
However, the overdue amount in October has increased over preceding month of September. The total overdue amount was Rs 65,155 crore in September.
Adani Power expects to reduce its annual interest cost to Rs 1,900 crore through low-cost funding
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
In a rarity, unsecured financial creditor to get 100% of claim, secured lenders to get 32.8%
Adani, Sterlite, PowerGrid win key projects connecting renewable areas