Lenders had invited expression of interests after the company submitted a one-time debt settlement proposal worth ₹2,430 crore to themPNB, as the lead creditor, had appointed SBI Capital Markets Ltd (SBI Caps) as the transaction advisor
1 min read30 Dec 2019Lenders to Jindal India Thermal Power, led by Punjab National Bank, have sought bids from interested investors to sell their 51% stake in the company
1 min read29 Aug 2017In other news, Jindal India Thermal Power Ltd, a part of the BC Jindal group, is in talks with prospective buyers to sell its 1,200MW thermal power plant in Odisha
2 min read3 Nov 2016BHEL wins Rs2,600 cr order from Jindal India Thermal Power
1 min read5 Aug 2009The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared