SBI Caps, EY, KPMG in race for advisory roles ahead of power PSU acquisitions

Photo: Reuters

SBI Capital Markets, KPMG and EY are in the fray to advise on the acquisitions of Satluj Jal Vidhyut Nigam Ltd (SJVNL) and Power Finance Corp. (PFC) by NTPC Ltd and REC Ltd, respectively, said two people aware of the development.

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