Essel Infra
Franklin MF sees Rs 616 cr default from Essel Infra in four schemes
Mutual fund manager appoints legal counsel, says it is considering ways to maximise recovery value
 "Franklin MF sees Rs 616 cr default from Essel Infra in four schemes")
Adani Green surges 10% as it inks pact with Essel Infra to buy solar assets
The company announced it will acquire Essel Infra's 205 megawatt (Mw) of solar assets for Rs 1,300 crore.
 "Adani Green surges 10% as it inks pact with Essel Infra to buy solar assets")
Essel Infra to sell solar assets to Adani Green Energy for Rs 1,300 crore
The sale of solar assets is expected to further reduce promoter debt for the group, which was at Rs 6,776 crore
 "Essel Infra to sell solar assets to Adani Green Energy for Rs 1,300 crore")
Essel Infra's search ends, gets 4 non-binding offers for road assets
Industry experts remain skeptical of infra M&A deals
 "Essel Infra's search ends, gets 4 non-binding offers for road assets")
Essel Infra bags India's first Railway project on annuity mode
Pips Railways arm IRCON International for project to construct bridges, rail-over bridge (ROB) rail-underbridge (RUB), foot-overbridge (FOB), platform shelters, etc
 "Essel Infra bags India's first Railway project on annuity mode")
Essel Infra in advanced stages of selling its 685-MW solar biz to Greenko
Global private equity fund Actis and Tata Power were also in the fray along with Greenko to buy the assets of Essel
 "Essel Infra in advanced stages of selling its 685-MW solar biz to Greenko")
Piramal Enterprises, APG Asset Management pump $132 mn in Essel Infra's solar arm
The company currently owns 160 MW of solar independent power projects in 4 states of India, of which, 110 MW is operational
 "Piramal Enterprises, APG Asset Management pump $132 mn in Essel Infra's solar arm")
