{"id":628784,"date":"2024-01-18T09:05:40","date_gmt":"2024-01-18T03:35:40","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=628784"},"modified":"2024-01-18T09:38:18","modified_gmt":"2024-01-18T04:08:18","slug":"jindal-power-offers-rs-4203-crore-for-distressed-coal-fired-power-plant","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jindal-power-offers-rs-4203-crore-for-distressed-coal-fired-power-plant\/","title":{"rendered":"Jindal Power offers Rs 4,203 crore for distressed coal-fired power plant"},"content":{"rendered":"<p>India&#8217;s Jindal Power has offered 42.03 billion rupees ($505.77 million) for a distressed coal-fired power plant, the company told the insolvency court on Wednesday, topping an offer made by billionaire Gautam Adani&#8217;s power firm. <\/p>\n<p>Adani Power had last month quoted 41 billion rupees ($493.38 million) for the 1,980-megawatt power plant in central India ensnared in insolvency proceedings. <\/p>\n<p>Jindal Power, a unit of Jindal Steel and Power, had last week asked India&#8217;s insolvency court to allow it to participate in an auction for the Amarkantak project.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s Jindal Power has offered 42.03 billion rupees ($505.77 million) for a distressed coal-fired power plant, the company told the insolvency court on Wednesday, topping an offer made by billionaire Gautam Adani&#8217;s power firm. Adani Power had last month quoted 41 billion rupees ($493.38 million) for the 1,980-megawatt power plant in central India ensnared in insolvency proceedings. Jindal Power, a unit of Jindal Steel and Power, had last week asked India&#8217;s insolvency court to allow it to participate in an auction for the Amarkantak project.<\/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":[135,170,130],"tags":[],"class_list":["post-628784","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-coal-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/628784","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=628784"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/628784\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=628784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=628784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=628784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}