Cube Highways was set up by I Squared Capital along with World Bank arm International Finance Corp.
This is part of the asset monetisation programmes being undertaken by IL&FS to pay off its debt burden of ₹91,000 crore.
Waaree’s solar plants have been on the block for nearly a year. ReNew Power, India’s largest developer by capacity, has evaluated them for an acqu
Essel Infra, part of media mogul Subhash Chandra’s Essel Group, put its solar assets on the block in early 2018.
Bankers are said to have approached Macquarie and Brookfield for the sale of IL&FS' road assets.
Liberty House, which won bids to buy out stressed assets of Adhunik Metaliks and Amtek Auto, missed the deadline to make creditor payments.
UltraTech’s revised proposal was an improvement from the Rs 7,200 crore offer it made just after the deadline for bidding ended.
The last big deal in the renewable energy sector was in April when ReNew Power announced its plan to buy Ostro Energy for ₹10,800 crore.
Standard Chartered Bank has approached the dedicated bankruptcy court by filing caveat petition in the Essar Steel insolvency case as dissenting finan
JSW Steel has submitted a bid of Rs 19,700 crore for the Bhushan Power and Steel asset, which is the highest of the three submitted.
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