Vantage emerges highest bidder for SKS Power Generation with Rs 1,800 cr
Vantage Point Asset Management, a Singapore-based asset management firm, has emerged the highest bidder for the bankrupt SKS Power Generation (Chhattisgarh) with an offer of Rs 1,800 crore.
The bid by Ahmedabad-based Torrent is a close second with a difference of just Rs 7 crore, said a banking source.
Nagpur-based Sarda Energy and Naveen Jindal-owned Jindal Power have also made good offers and are close to the highest offer, the source said.
The committee of creditors (CoC) is evaluating the offers and would vote on the bids soon.
