Home Tag "Adani Power"

Grapevine: JSW, others circle Jhabua; LGT-Aspada platform may invest in AMP Energy

Avantha Group’s Jhabua Power, which is undergoing insolvency proceedings, has received expressions of interest from JSW, Adani Power, NTPC Ltd and Tata Power-backed Resurgent Power, people in the know told The Economic Times. Expressions of interest were also received from a few Singapore-based distressed asset investors and some local asset reconstruction companies, along with Vedanta […]

Power engineers seeks review of PPAs with exorbitant electricity rates

PATIALA: All India Power Engineers Federation (AIPEF) strongly opposes any amendment in the Electricity Act aimed to destroy the public sector and pave the path for privatisation. The state governments must review the Power Purchase Agreements (PPA) with independent power producers having exorbitant electricity rates. AIPEF fully supports Andhra Pradesh government’s pledge to review PPA’s […]