Adani Power has extended the long stop date for completing the proposed acquisition of DB Power Ltd, to February 15, 2023. Adani Power has extended this long stop date on several occasions, beginning from the originally Read more
Adani Power, in a regulatory notification, said that it has planned to acquire DB Power Ltd, subject to fulfillment of statutory approvals, at an enterprise value exceeding Rs.7,000 crore. DB Power Ltd owns and operates a 2x600-mw coal-fired power Read more
Sarda Energy & Minerals Ltd (SEML) is on course to shortly start commercial operations at its greenfield hydropower project in Sikkim. In an investor presentation, SEML with business interests in mining, steel and ferro alloys, said that it has Read more
Jindal Steel & Power Ltd (JSPL) has accepted a binding offer from Worldone Pvt Ltd to divest its 96.42 per cent stake in its subsidiary Jindal Power Ltd. In a release, JSPL that this divestment is in line with Read more
Hitachi ABB Power Grids in India has been awarded a project worth over Rs.124 crore by Bharat Aluminum Company (BALCO), to ensure improved reliability of the power distribution system at its Korba plant in Chhattisgarh. The technology pioneer is Read more
Vikram Solar has announced the expansion of its retail footprint with the entry into Raipur, Chhattisgarh. The company tied up with Express Tradecom Private Ltd (Express Tradecom) to boost the retail distribution network in Raipur, Chhattisgarh. Express Tradecom is Read more