JSW Energy Submits Eoi For Bhushan Energy’s Assets

JSW Energy Submits Eoi For Bhushan Energy’s Assets

Sajjan Jindal-promoted JSW Energy has expressed interest in bidding for stressed assets of Bhushan Energy, the third among the Singhal family’s debt-laden companies that have been admitted in the bankruptcy court.

JSW Energy to gain most from rise in merchant power tariff

JSW Energy to gain most from rise in merchant power tariff

Merchant power rates have shot up 50 per cent in the past week to over Rs 6 per unit. While this augurs well for most of the power-generating companies, JSW Energy will be the biggest beneficiary amongst the large power generators since it sells over 25 per cent of the capacity through the merchant route.

Tata-Backed Resurgent Bids For Power Assets Of Jaypee Power

Tata-Backed Resurgent Bids For Power Assets Of Jaypee Power

Tata Group-backed Resurgent Power has emerged as frontrunner to buy Jaypee Power Venturesafter lenders, who own majority shares, put it on the block, said people directly aware of the matter. Jaypee has 2,200 MW of hydro and coal-fired power generation assets, with Rs 12,000 crore in loans following the debt restructuring. Two Middle East sovereign funds — Kuwait Investment […]

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