The lenders of SKS Power Generation have received bids for a takeover in exchange for payment of Rs 1,890 crore it owes to the Bank of Baroda and the State Bank of India (SBI), a report in the Economic Times (ET) said.
Among the bidders are Reliance Industries, the Adani Group, NTPC, Torrent Power, Jindal Power, Sarda Energy & Minerals and Singapore-based Vantage Point Asset Management. Currently, two of SKS Power’s plants are being operated by NTPC for a fee.
