Nine bidders for GVK’s Alaknanda hydro power plant
Nine bidders have made a formal offer to take over GVK Energy’s 330 MW Alaknanda, a rare operational hydro power plant with an active power purchase agreement (PPA).
These bidders include India’s largest private sector power producer Adani Power Ltd; Naveen Jindal’s Jindal Power Ltd; commodities company Vedanta Group; Kolkata-based Orissa Metaliks Pvt Ltd; Sajjan Jindal’s JSW Energy; Gujarat-based Torrent Power; Sarda Energy and Minerals; RP Sanjiv Goenka Group’s Purvah Green Power Pvt Ltd and Noida-based Inox GFL Group.
