RIL, Adani Group, and NTPC bids for SKS Power

01 Jan 2023

The lenders of SKS Power Generation have received bids for a takeover in exchange for payment of Rs 18.90 billion it owes to the Bank of Baroda and the State Bank of India (SBI). Among the bidders are Reliance Industries, the Adani Group, NTPC, Torrent Power, Jindal Power, Sarda Energy & Minerals and Singapore-based Vantage Point Asset Management. Currently, two of SKS Power's plants are being operated by NTPC for a fee.

Contact: SKS Power Generation

E-mail: raigarhworks@spgcl.com

Website: spgcl.com

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