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SKS Power: NCLAT orders status quo on Sarda Energy & Minerals Ltd (SEML)'s bid to take over SKS Power Ltd

The National Company Law Appellate Tribunal (NCLAT) has ordered a status quo on Sarda Energy & Minerals Ltd (SEML) s bid to take over SKS Power Ltd responding to the company s plea against a lower court s order which had asked lenders to reconsider their decision to declare SEML as the winning bidder. ....

Krishnendu Datta , Arun Kathpalia , Ashish Rathi , Sarda Energy Minerals Ltd , National Company Law Appellate Tribunal , Power Ltd , Power Generation Ltd , Sarda Energy , Minerals Ltd , Torrent Power , State Bank , Sks Power , Sarda Energy Amp Minerals ,

Bankruptcy court remands back SKS Power Generation's resolution plan to lenders

The National Company Law Tribunal has instructed the lenders of SKS Power Generation to reconsider the resolution plan submitted by Sarda Energy & Minerals. The plan, which offered Rs 1800 crore, had been approved by the Committee of Creditors. However, two other bidders, Torrent Power and Vantage Point Asset Management, have alleged bias in the evaluation process and are seeking a fresh opportunity to offer a higher value. SKS Power Generation owns two operational power plants with a total capacity of 600 MW. ....

Business News , Breaking News Events , Latest News Updates , Economic Times , Economic Times News App , Daily Market Updates , Live Business , Sks Power Generation , Resolution Plan , Sarda Energy Amp Minerals , Bank Of Baroda , Coal India , Torrent Power ,

Sarda Energy update on synchronization of Rongnichu (Sikkim) Hydro Power Plant


Sarda Energy & Minerals announced that with respect to the 113 MW (2x56.5 MW) Hydro Power Plant installed by Madhya Bharat Power Corporation (MBPCL) - a subsidiary of the Company:
a) MBPCL has received all requisite approvals for capacity enhancement of the plant from 96 MW to 113 MW; and
b) 1st unit of 56.5 MW has been synchronized with the grid in the evening hours on 18 April 2021.
Second unit is expected to be synchronized with the grid this week. The same will be intimated on synchronization.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) ....

Sarda Energy Minerals , Madhya Bharat Power Corporation , Sarda Energy , Hydropower Plant , Capital Market , Independent Power Producers Nec , Steel Mills Amp Foundries , Sarda Energy Amp Minerals , Madhya Bharat Power Corporation , Hydro Power Plant , சர்தா ஆற்றல் தாதுக்கள் , சர்தா ஆற்றல் , நீர் சக்தி ஆலை , மூலதனம் சந்தை , சுயாதீனமான பவர் ப்ரொட்யூஸர்ஸ் கழுத்து ,

Sarda Energy receives environmental clearance to operate enhanced capacity of iron ore pellet plant


From Chhattisgarh Environment Conservation Board, Raipur Sarda Energy & Minerals announced that Chhattisgarh Environment Conservation Board, Raipur has granted to the Company the Consent to Operate the enhanced capacity of its Iron Ore Pellet Plant from existing
6,00,000 MTs p.a. to 8,00,000 MTs p.a. with immediate effect.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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Company The Consent To , Raipur Sarda Energy Minerals , From Chhattisgarh Environment Conservation Board , Raipur Sarda Energy , Chhattisgarh Environment Conservation Board , Iron Ore Pellet Plant , Capital Market , Steel Mills Amp Foundries , Sarda Energy Amp Minerals , நிறுவனம் தி ஒப்புதல் க்கு , ராய்ப்பூர் சர்தா ஆற்றல் தாதுக்கள் , இருந்து சத்தீஸ்கர் சூழல் பாதுகாப்பு பலகை , ராய்ப்பூர் சர்தா ஆற்றல் , சத்தீஸ்கர் சூழல் பாதுகாப்பு பலகை , இரும்பு ஒரே துளை ஆலை , மூலதனம் சந்தை , எஃகு ஆலைகள் ஆம்ப் அடித்தளங்கள் , சர்தா ஆற்றல் ஆம்ப் தாதுக்கள் ,