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Adani buys Lanco's Udupi power plant for Rs 6,000 cr

Adani Power has bought Hyderabad-based Lanco Infratech’s Udupi power plant at an enterprise valuation of Rs 6,000 crore (Rs 60 billion).  While Adani will take over the plant’s Rs......

Power sector expects good days ahead as demand improves

The prolonged inactivity in the debt-laden, fuel-starved and bankrupt power sector finally seems to be ending with two large acquisitions announced in the last few weeks. First, Reliance Power,......

Trade with China: Montek plays down security concerns

Deputy Chairman Planning Commission Montek Singh Ahluwalia today played down the security issues associated with the supply of equipment from Chinese telecom companies and invited Chinese......

Indian steel makers' global rush

With less and less coal and iron ore blocks being allotted to Indian companies at home, the world has become their oasis, as they successfully buy raw material assets across continents.Raw material......

Markets end on a high

The markets on Monday closed on a thumping note at 19,906, up 311 points, a 32 month high. The Nifty too added 95 points at 5,980, just 20 points shy of the 6000 mark.On the global front, in Asia,......
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Power sector expects good days ahead as demand improves

The prolonged inactivity in the debt-laden, fuel-starved and bankrupt power sector finally seems to be ending with two large acquisitions announced... ...

http://www.rediff.com/money/report/power-sector-expects-good-days-ahead-as-demand-improves/20140826.htm
Gautam Adani to invest $2bn in Odisha power plant

BHUBANESWAR: Billionaire Gautam Adani plans to invest $2 billion to build a 2,500 megawatt power plant in Odisha, which would raise group capacity... ...

http://timesofindia.feedsportal.com/c/33039/f/533919/s/3dd1da33/sc/30/l/0Ltimesofindia0Bindiatimes0N0Cbusiness0Cindia0Ebusiness0CGautam0EAdani0Eto0Einvest0E20Ebillion0Ein0EOdisha0Epower0Eplant0Carticleshow0C40A8648320Bcms/story01.htm
In Rs 1,000-crore deal, Sajjan Jindal's JSW Steel acquires Welspun Maxsteel

Country's third largest steel maker JSW Steel today said it has entered into an agreement to acquire sponge iron maker Welspun Maxsteel in a deal... ...

http://www.financialexpress.com/news/in-rs-1000crore-deal-sajjan-jindals-jsw-steel-acquires-welspun-maxsteel/1280457/
Adani Power buys Lanco's Udupi power plant at an enterprise value of $...

3i-backed private power generator Adani Power has bought Lanco Infratech's 1,200 MW thermal plant in Udupi (Karnataka) at an enterprise value... ...

http://www.vccircle.com/news/power/2014/08/13/adani-power-buys-lanco%E2%80%99s-udupi-power-plant-enterprise-value-1b
Adani Power to increaese installed capacity to 10440 MW

(Follow @PowersGuru on Twitter for important updates) PTI reported that with Adani Power acquiring Lanco Infratech's Udupi plant, the... ...

http://www.steelguru.com/indian_news/Adani_Power_to_increaese_installed_capacity_to_10440_MW/346889.html

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