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Essar Power

Private Indian firms look to bet big on coal-fired power after long absence

The potential investments, which have not been previously reported, could cumulatively cost billions of dollars and demonstrate renewed appetite in an industry seen by many as financially unattractive

Private Indian firms look to bet big on coal-fired power after long absence
Updated On : 05 Mar 2024 | 1:48 PM IST

BHEL stock powers up on improved prospects for growth, new orders

Many analysts though are bearish due to state-owned firm's muted financials and likely low valuation

BHEL stock powers up on improved prospects for growth, new orders
Updated On : 31 Aug 2023 | 11:24 PM IST

Essar sells Mahan-Sipat transmission line to Adani for Rs 1,913 cr

Deal will bolster Adani's presence in central India, help it achieve its 20,000 circuit km target before time

Essar sells Mahan-Sipat transmission line to Adani for Rs 1,913 cr
Updated On : 04 Jun 2022 | 1:37 AM IST

Adani Power to acquire 1,200 MW Essar Power's Mahan project

The country's largest power producer in the private sector, Adani Power Limited (APL), will acquire the 1,200 megawatt (MW) Essar Power's Mahan Project

Adani Power to acquire 1,200 MW Essar Power's Mahan project
Updated On : 20 Jun 2021 | 7:54 PM IST

Setback for Tata, Adani, Essar: Gujarat scraps order to pay more for power

It will now sign supplemental PPAs with these units on a "case-by-case basis" over and above the existing PPAs.

Setback for Tata, Adani, Essar: Gujarat scraps order to pay more for power
Updated On : 10 Jul 2020 | 9:01 AM IST

Top Headlines: Voda Idea defaults on payments, IT firms' hiring woes & more

From IT companies facing problems in hiring fresh candidates, Voda defaulting on June payments, TCS reporting fall in net profits, here are the top headlines on Friday morning

Top Headlines: Voda Idea defaults on payments, IT firms' hiring woes & more
Updated On : 10 Jul 2020 | 6:55 AM IST

Tata Power one step closer to tariff revision at Mundra power plant

Maharashtra is one of the five states that procure power from Tata Power's Mundra ultra mega power plant in Gujarat.

Tata Power one step closer to tariff revision at Mundra power plant
Updated On : 27 Jun 2020 | 12:40 AM IST

From thermal to solar units, China dominates India's power sector

Barring a few, all privately-owned thermal power units, roughly about 40,000 Mw, constructed over the past decade were built using Chinese equipment.

From thermal to solar units, China dominates India's power sector
Updated On : 18 Jun 2020 | 10:29 AM IST

Essar Ports' Salaya Terminal registers 160% cargo growth in June quarter

Essar Ports invested Rs 11,000 crore in developing terminals and is currently operating four terminals

Essar Ports' Salaya Terminal registers 160% cargo growth in June quarter
Updated On : 07 Aug 2019 | 9:45 PM IST

SC agrees to hear Essar Power MP plea on surrendering Jharkhand coal mine

Top court refuses to interfere with govt decision to invoke the Rs 200 cr bank guarantee during currency of hearing

SC agrees to hear Essar Power MP plea on surrendering Jharkhand coal mine
Updated On : 09 May 2019 | 2:23 AM IST

Essar Power, GMR receive govt notice to revoke bank guarantees

The Rs 900-cr bank guarantees are for the two blocks of GMR and one of Essar

Essar Power, GMR receive govt notice to revoke bank guarantees
Updated On : 19 Apr 2019 | 9:49 PM IST

L&T Infrastructure Finance Company moves NCLT against Essar Power

However, being the guarantor for its subsidiary, Essar Power, too, defaulted on its guarantee.

L&T Infrastructure Finance Company moves NCLT against Essar Power
Updated On : 05 Mar 2019 | 9:41 PM IST

ArcelorMittal has Rs 4,800-cr offer for Essar Power's project at Mahan: PFC

This would be the second time ArcelorMittal and the Essar group will find themselves competing for the latter's asset

ArcelorMittal has Rs 4,800-cr offer for Essar Power's project at Mahan: PFC
Updated On : 19 Feb 2019 | 2:34 AM IST

Deadline to bid for Essar Power Jharkhand project extended for 6th time

The project is one of the projects which is incomplete and has been tagged 'difficult to resolve' by the Centre

Deadline to bid for Essar Power Jharkhand project extended for 6th time
Updated On : 13 Dec 2018 | 9:21 PM IST

Essar Power announces completion of 1,200 MW Mahan power plant project

The project will provide direct employment to about 250 people, and indirect employment to around 1,250 more, thus spurring ancillary development in the area

Essar Power announces completion of 1,200 MW Mahan power plant project
Updated On : 10 Oct 2018 | 2:34 PM IST

Resolution professional of Essar Power Jharkhand invites bids by July 10

Workmen and employees of Essar Power Jharkhand have filed claims worth Rs 3.52 million with the resolution professional

Resolution professional of Essar Power Jharkhand invites bids by July 10
Updated On : 16 Jun 2018 | 4:50 PM IST

Tariff changes: Essar to surrender Tokisud coal mine, seek Rs 4.9-bn refund

This will hit its 1,200-MW, Rs 80-bn Mahan Power Plant; trouble started after the company defaulted on two of three instalments

Tariff changes: Essar to surrender Tokisud coal mine, seek Rs 4.9-bn refund
Updated On : 28 Jan 2018 | 4:34 PM IST

Essar Power will raise balanced debt of Rs 4,600 crore: CEO KVB Reddy

Interview with KVB Reddy, chief executive officer, Essar Power

Essar Power will raise balanced debt of Rs 4,600 crore: CEO KVB Reddy
Updated On : 06 May 2017 | 10:36 PM IST
Updated On : 27 Apr 2017 | 3:37 PM IST

Essar Power's generation up 49% in 2016-17

80% of Essar's planned capacity of 6,100 Mw is operational with 8 out of 9 plants up and running

Essar Power's generation up 49% in 2016-17
Updated On : 06 Apr 2017 | 4:01 PM IST