Question
Recently, which of the following Mining company of India
acquire debt-ridden Athena Chhattisgarh Power for Rs 564.67 crore in an all-cash transaction?Solution
Formerly known as Sesa Sterlite/Sesa Goa Limited, Vedanta is the largest miner of zinc in India. Part of the Vedanta Group, it is also involved in the mining of copper, iron ore and aluminium, based mainly in Goa, Odisha, Rajasthan, Chhattisgarh, Tamil Nadu, Karnataka, Punjab Gujarat and Andhra Pradesh. Mining major Vedanta would acquire debt-ridden Athena Chhattisgarh Power for Rs 564.67 crore in an all-cash transaction. The liquidation process for the company was initiated in March last year. The deal will be completed in the current financial year, fulfilling its power requirement for its aluminium business. Athena Chhattisgarh Power has a 1,200-megawatt coal-based power plant located in Chhattisgarh's Jhanjgir Champa district.
ReNew has secured a project loan of ₹2,700 crore from which bank for its 403 MW Peak Power Project In which the loan has a tenor of 20 years and the i...
Choose the correct statement(s) about the MoU signed among USOF, Prasar Bharati, and ONDC:
1. The objective is to promote digital literacy in urb...
Consider the following statements about National Transit Pass System (NTPS):Â
1.   Recently, Union Minister for agriculture launched the NTP...
Which team won the 2025 FIH Junior Men’s Hockey World Cup title?
What global ranking does India hold in biotech?
What is the goal of the ‘Master Direction Foreign Exchange Management (Hedging of Commodity Price Risk and Freight Risk in Overseas Markets) Directi...
What was the theme for World Wetlands day this year?
In December 2015, NASA's Curiosity Mars rover found the presence of ______which will help scientists learn about the ancient wet environment.
What is the primary focus of the partnership between Google Cloud and CERT-In in the field of Generative Artificial Intelligence (AI) and Cybersecurity?
What is the name of the AI-powered browser launched by OpenAI with agent mode capabilities?