Both energy companies are expected to soon submit their binding bids for the acquisition of PTC’s wind power assets. The proposed sale, being handled by KPMG’s investment banking unit, is expected to fetch an estimated INR 2,000 crore valuation. NTPC Limited (NTPC), a New Delhi-based …
Both energy companies are expected to soon submit their binding bids for the acquisition of PTC’s wind power assets. The proposed sale, being handled by KPMG’s investment banking unit, is expected to fetch an estimated INR 2,000 crore valuation. NTPC Limited (NTPC), a New Delhi-based …
Electricite de France Group (EDF Group) and China Energy Investment have reportedly inked a deal to collectively develop an offshore wind power project in eastern Jiangsu province of China. As per trusted sources, the offshore wind power project is the first-of-its-kind having both domestic and …
The Shengli Oil Field is the flagship asset of Sinopec in China, however it is struggling with declining production The new joint study venture comes in the backdrop of Chinese government’s efforts to improve domestic reserves and production by encouraging China-foreign projects The United Kingdom-based …
In a recent turn of events, France based Total and its partners inked a much-awaited agreement with Papua New Guinea which would allow preliminary work to commence on a $13 billion project to double the nation’s LNG exports. Oil Search, a partner company of Total, …
The shares of Adani Power were trading 0.80 percent higher at INR 50.15 on BSE. Adani Power announced that it has secured the letter of intent to take over debt-ridden Korba West Power Company Limited (KWPCL). According to ET Energyworld, KWPCL was going through an …
The total enterprise value of the company has reached $12 billion after the deal. The U.S. buyout company Carlyle Group LP has reportedly agreed to purchase up to 40% stake in Spanish oil and gas firm Cepsa. The equity firm will buy Cepsa from Mubadala Investment …
Saft will hold 40 percent stake in the new venture and rest will be held by Tianneng. Saft, the subsidiary of French oil and gas giant Total, has struck a new deal with Tianneng Energy Technology to expand its business in China. The collaboration is …
