The power sector has recently seen some progress in the resolution of stressed generation assets. Vedanta Limited, a metals and mining major, recently emerged as the successful bidder to acquire Meenakshi Energy Limited (MEL), which […]
SJVN Green Energy achieves financial closure of its 1,000 MW solar power project in Rajasthan (India) SJVN Green Energy Limited has achieved the financial closure of its 1,000 MW solar power project under execution at […]
In a key recent development in the stressed asset space, mining major Vedanta Limited has acquired Athena Chhattisgarh Power Limited for Rs 5.65 billion to meet its captive power requirements. Athena Chhattisgarh Power currently has […]
Tata Power, through Resurgent Power Ventures Pte Limited, has expanded its transmission business by acquiring a 100 per cent stake in NRSS XXXVI Transmission Limited. Resurgent Power is a joint venture based out of Singapore, […]
In one of the largest takeovers in the power sector in recent years, Adani Transmission Limited (ATL) will acquire Reliance Infrastructure Limited’s (RInfra) integrated power business in Mumbai. This is the second deal between the […]
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