Resources conglomerate Vedanta’s final offer of ₹565 crore was much higher than the staggered payment of ₹400 crore it had offered under the corporate insolvency and resolution process (CIRP). The auction process, which started on the morning of May 6, ended the next day, the people said.Resources conglomerate Vedanta’s final offer of ₹565 crore was much higher than the staggered payment of ₹400 crore it had offered under the corporate insolvency and resolution process (CIRP). The auction process, which started on the morning of May 6, ended the next day, the people said.
Related Articles

International News
NHPC inks pact to build 10,000 MW renewable energy capacity in Rajasthan
The LoI was signed by Y K Chaubey, Director (Technical), NHPC Ltd and Subodh Agarwal, Additional Chief Secretary, Mines and Petroleum Department and Energy Department, and Chairman and Managing Director, RRECL. New Delhi: State-run NTPC […]

International News
Tata Power seeks higher tariff for Mundra project
Tata Power has also sought INR450 crore advance for coal imports from states that will be supplied electricity from the plant. It also said the central government directive impacts the future negotiations of the project […]

International News
India offers 26 oil, gas blocks in mega offshore round
The “government announces the offer of 26 blocks covering an area of approximately 2.23 lakh square kilometers for exploration and development through international competitive bidding,” the Directorate General of Hydrocarbons (DGH) said without giving timelines […]