NTPC to acquire Rs 5,000 crore KSK Mahanadi power project

NTPC is set to acquire the KSK Mahanadi power station in Chattisgarh, a large greenfield project with a proposed capacity of 3,600 MW, marking the state-run utility's second acquisition of a stressed asset. The project came under corporate insolvency resolution process in April 2022 after defaulting on loans. NTPC's investment in the project is valued at Rs 5,000 crore.

February 01, 2024 at 12:05AM

from Times of India

https://ift.tt/j5hdYDH

No comments:

Post a Comment

'Avoid deserted areas': 2 more attacks on Indians in Dublin; embassy issues advisory

The Indian embassy in Dublin has issued a warning to its citizens in Ireland following a surge in violent attacks. Recent incidents include ...