In Short : Jindal Power, Vedanta, and Havells are among 22 companies that have submitted bids to acquire Gupta Power, indicating strong investor interest in the stressed power and cable manufacturing firm. The bidding process highlights renewed confidence in India’s power equipment and infrastructure sector, driven by rising demand for transmission, distribution, and industrial electrical […]
Major Investors Line Up for Shell’s Sprng Energy in Landmark Indian Renewable Energy Deal – EQ
In Short : Global and domestic investors including NIIF, KKR, and Sembcorp are competing to acquire Shell-owned Sprng Energy in what could become one of India’s largest renewable energy mergers and acquisitions. The potential transaction highlights strong investor appetite for operating clean energy platforms and reflects the growing scale and maturity of India’s renewable power […]