Key Points
NEW DELHI (Reuters) Indias 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 Adanis 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 Indias insolvency court to allow it to participate in an auction for the Amarkantak project...
