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Mahagenco-NTPC emerges as top bidder for Sinnar Thermal at Rs 3,800 crore

Business Standard LogoBusiness Standard2d ago

Mahagenco-NTPC emerges as top bidder for Sinnar Thermal at Rs 3,800 crore - Business Standard

Quick Summary:

The plant has coal linkages from Coal India Limited (CIL) subsidiaries.

This could potentially simplify coal supply and operational logistics for the Sinnar plant.

Punjab National Bank, Axis Bank, Canara Bank, Bank of India and Life Insurance Corp are among the other creditors to the entity.


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Mahagenco-NTPC emerges as top bidder for Sinnar Thermal at Rs 3,800 crore - Business Standard (Picture 1)

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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 13:13:24 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 415 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23322403

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 231 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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