JSW, Adani Among 20 Bidders For Jaypee Infratech

JSW, Adani Among 20 Bidders For Jaypee Infratech

The bidding process for Jaypee InfratechBSE 2.38 % has received bids from nearly 20 big names including JSW Group, Adani Group, Sudhir Valia-owned Suraksha Realty, Deutsche Bank and a Chinese company, according to two sources involved in the proceedings.

Adani, JSW & Tatas Bid For Stake In GMR’s Power Plant

Adani, JSW & Tatas Bid For Stake In GMR’s Power Plant

Adani Power, JSW Energy and Tata Power have submitted bids to acquire a majority stake in GMR Infrastructure 1,370-mw power plant in Chhattisgarh. Sources said state-run Neyveli Lignite did not submit its bid for the project. Neyveli had earlier held talks with the lenders for acquiring acontrolling stake in the project.

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