Avantha Power News

Market

Deals Buzz: Indian Oil waits for approval for raising ₹20,000 crore via debentures

IOC plans to approve issuance of debentures through private placement at its annual general meeting on 29 August

2 min read29 Aug 2018
Companies

Goyal Gases emerges highest bidder for Avantha Power unit

Goyal Gases has agreed to pay 2,350 crore in enterprise value for a controlling stake in Avantha's Jhabua Power which was auctioned by banks led by Axis Bank

2 min read29 Aug 2018
Companies

Adani, Resurgent among 4 bidders for Avantha Power subsidiary

Edelweiss ARC and Phoenix ARC have also expressed initial interest in buyinfg a controlling stake in Jhabua Power, a unit of Avantha Power and Infrastructure

1 min read7 Jun 2018
Companies

Adani’s deal with Avantha for Korba may fall through

Differences have cropped up between the two companies over the valuation of the power plant

3 min read8 Sep 2015
Companies

ICICI fund said to be in talks to acquire Avantha Power unit

ICICI Venture Funds is in discussions to acquire Avantha's Jhabua Power unit and could reach an agreement on deal terms in the next month, sources said

1 min read14 Jul 2015
Companies

Adani Power to buy Avantha’s Korba project for Rs4,200 crore

Avantha Power says it has signed an agreement to sell its entire stake in Korba West Power Co. Ltd to Adani Power

4 min read25 Nov 2014
Companies

Abhijeet Power to file for Rs1,500 crore IPO soon

Abhijeet Power to file for Rs1,500 crore IPO soon

1 min read13 Jan 2011
Money

Crompton arm’s IPO to add little value

Crompton arm’s IPO to add little value

1 min read19 Apr 2010
Companies

We don’t think the amount of debt is a problem for us

We don’t think the amount of debt is a problem for us

2 min read17 Aug 2009
Companies

Crompton Greaves to be $8 bn firm, says Trehan

Crompton Greaves to be $8 bn firm, says Trehan

5 min read25 Jun 2009
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