Vedanta outbids JSPL for Athena Chhattisgarh Power Ltd

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.