{"id":574362,"date":"2023-05-04T09:34:05","date_gmt":"2023-05-04T04:04:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=574362"},"modified":"2023-05-04T09:54:59","modified_gmt":"2023-05-04T04:24:59","slug":"singapores-vantage-point-is-highest-bidder-for-bankrupt-sks-power","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/singapores-vantage-point-is-highest-bidder-for-bankrupt-sks-power\/","title":{"rendered":"Singapore&#8217;s Vantage Point is highest bidder for bankrupt SKS Power"},"content":{"rendered":"<p>Singapore\u2019s Vantage Point Asset Management has emerged as the highest bidder for bankrupt SKS Power Generation (Chhattisgarh) by offering Rs 1,800 crore. Ahmedabad-based Torrent, came a close second with a difference of just Rs 7 crore from Vantage\u2019s offer, said a banking source. <\/p>\n<p>Nagpur-based Sarda Energy and Jindal Power, which is owned by Naveen Jindal, also made good offers, the source said.<\/p>\n<p>SKS Power\u2019s committee of creditors (CoC) is evaluating the offers and will vote on bids soon. SKS owns a 600-mw power plant in Chhattisgarh that is now run by state-owned NTPC, which didn\u2019t make an aggressive bid for the company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapore\u2019s Vantage Point Asset Management has emerged as the highest bidder for bankrupt SKS Power Generation (Chhattisgarh) by offering Rs 1,800 crore. Ahmedabad-based Torrent, came a close second with a difference of just Rs 7 crore from Vantage\u2019s offer, said a banking source. Nagpur-based Sarda Energy and Jindal Power, which is owned by Naveen Jindal, also made good offers, the source said. SKS Power\u2019s committee of creditors (CoC) is evaluating the offers and will vote on bids soon. SKS owns a 600-mw power plant in Chhattisgarh that is now run by state-owned NTPC, which didn\u2019t make an aggressive bid for [&hellip;]<\/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":[135,130,232],"tags":[],"class_list":["post-574362","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/574362","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=574362"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/574362\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=574362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=574362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=574362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}