News
31 August 2018

JSW's revised bid tops Resurgent Power for stressed Prayagraj asset

In:
Power
Region:
Asia-Pacific

JSW Energy has submitted a revised bid after Resurgent Power Ventures Pte Ltd was given the go-ahead by the creditors of Prayagraj Power Generation Co. Ltd to acquire a 75% stake in debt-laden company the firm. The new JSW offer, submitted to lead-bank SBI, comprises of Rs6,200 crore...

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