{"id":500471,"date":"2022-06-24T11:36:32","date_gmt":"2022-06-24T06:06:32","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=500471"},"modified":"2022-06-24T12:50:55","modified_gmt":"2022-06-24T07:20:55","slug":"adani-jindal-power-cos-in-race-to-buy-ind-barath-thermal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-jindal-power-cos-in-race-to-buy-ind-barath-thermal\/","title":{"rendered":"Adani, Jindal Power Cos in Race to Buy Ind-Barath Thermal"},"content":{"rendered":"<p>Gautam Adani-promoted Adani Power NSE 2.16 % and Naveen Jindal-promoted Jindal Power (JPL) are in the race to acquire Ind-Barath Thermal Power in a bankruptcy auction, two people aware of the development told ET.<\/p>\n<p>Interest in distressed power companies has recently increased due to a shortage of power supply and the government nudge to state-owned banks to finance them.<\/p>\n<p>Deepak Maini, the resolution professional of the insolvent company, the Adani group and JPL did not respond to ET&#8217;s query.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gautam Adani-promoted Adani Power NSE 2.16 % and Naveen Jindal-promoted Jindal Power (JPL) are in the race to acquire Ind-Barath Thermal Power in a bankruptcy auction, two people aware of the development told ET. Interest in distressed power companies has recently increased due to a shortage of power supply and the government nudge to state-owned banks to finance them. Deepak Maini, the resolution professional of the insolvent company, the Adani group and JPL did not respond to ET&#8217;s query.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-500471","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/500471","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=500471"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/500471\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=500471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=500471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=500471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}