Power
Infrastructure
Adani Power to buy Lanco's Udupi power plant at an enterprise value of $1B
3i-backed private power generator Adani Power has bought Lanco Infratech’s 1,200 MW thermal plant in Udupi (Karnataka) at an enterprise ......
Power
Australian state approves $2B rail line for Adani coal project
Indian conglomerate Adani Mining on Thursday won state approval to build a 300-km rail line for its USD 15 billion ......
Infrastructure
Govt moots proposal to float asset reconstruction fund for power sector
The government is exploring the possibility of floating an equity fund or an asset reconstruction company (ARC) for the stressed ......
Infrastructure
Reliance Power acquiring all hydro power assets of Jaypee in mega infra deal
Reliance Power has signed an agreement to buy all three operational hydro power assets of Jaiprakash Power Ventures Ltd (JPVL), ......
Infrastructure
UAE's Taqa scraps $1.6B deal to buy two hydro power assets of Jaypee Group
Abu Dhabi National Energy, which operates under the banner of Taqa, has withdrawn its offer to acquire two hydro-power assets ......
Infrastructure
CESC ropes in BCG to explore roadmap for future investment
Private power generation and distribution company CESC Ltd has appointed Boston Consulting Group to explore and advise verticals of power ......
Infrastructure
GE invests in three wind projects in India
GE Energy Financial Services, part of conglomerate GE, has undertaken investments in three wind energy projects in India, the company ......
Infrastructure
Singapore-based Sembcorp hikes stake in Thermal Powertech to 65% for $67M
Singapore-based infrastructure group Sembcorp Industries has increased its holding in Thermal Powertech Corporation India (TPCIL) to 65 per cent by ......
Infrastructure
Sterlite Power Grid raising $83M from StanChart PE
Pune-based Sterlite Technologies has entered into an agreement to raise Rs 500 crore (approximately $83 million) from Standard Chartered Private ......
Infrastructure
PM favours PPP model in power sector
Prime Minister Narendra Modi on Friday favoured Public Private Partnership model in power sector and described renewable sources of energy ......
