This would be the third sale for Essel Infraprojects, which aims to monetize assets to pay off creditors Of Essel Infra’s total solar energy portfolio of 685MW, 310MW is currently operational MUMBAI: Essel Infraprojects Ltd, a part of the Subhash Chandra-led debt-laden Essel Group, has agreed to sell about 310 megawatts (MW) of solar energy […]
Essel Infra sells two power assets to Edelweiss arm
The sale is one of the many asset sales the group is working on as it looks to meet obligations The group is looking to sell other non-core businesses, including Essel Finance and Mutual Fund MUMBAI: The Subhash Chandra-led Essel group has sold the two transmission assets owned by Essel Infraprojects, Darbhanga-Motihari Transmission Ltd and […]
Essel Infra puts EV plans on hold as debt resolution gets priority
Debt resolution still in the works, firm is said to have asked some staff associated with EV project to leave Last year, Essel Infra had announced investments of ₹3,500 crore to develop electric vehicles, including electric buses and three-wheelers Subhash Chandra-led Essel Infraprojects Ltd has halted plans to build electric vehicles, and is looking to first reduce its […]
