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Vidarbha Industries Power will acquire power, company gets Loi

Admin5 months ago02 mins

New Delhi: Adani Power Ltd. has received a letter of intent (LOI) for the acquisition of Vidarbha Industries Power Limited (VIPL). On Monday, the resolution professional officially announced this acquisition under the corporate bankruptcy process. The Vidarbha Industries Power Insolvency and Bankruptcy Code (IBC) was undergoing the corporate insolvency resolution process under the 2016. The…

Adani Ports handle a record 39.9 million metric tonnes in January

Admin6 months ago04 mins

Adani Ports and Special Economic Zone Limited (APSEZ) handled the highest 39.9 million metric tons (MMT) cargo in January this year. This is 13 percent more than last year. In this achievement, container cargo recorded 32 per cent increase and 18 per cent in fluid and gas. This information was given by APSEZ on Tuesday….

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Vidarbha Industries Power will acquire power, company gets Loi

Adani Ports handle a record 39.9 million metric tonnes in January