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Avantha Group News

04 Aug 2021

Avantha Group promoter Gautam Thapar arrested by ED in money laundering case

Enforcement Directorate has arrested Avantha Group promoter Gautam Thapar. He is been held in connection with a money laundering case. Thapar was arrested agency carried out raids against him and his linked businesses in Delhi and Mumbai.

Crompton Greaves

30 Apr 2015

Crompton Greaves inks pact with Paraguay's ANDE

"Avantha Group company CG has signed a contract with...(ANDE), national power utility of Paraguay for the design, manufacturing, testing and supply of switchgear equipment," Crompton Greaves said in a BSE filing.

17 Feb 2015

Avantha Group firm bags Rs 119 crore order from NTPC

Avantha Group company CG has been awarded with a contract by NTPC for design, manufacturing and supply of Generator Step-Up Transformers for its largest capacity 800 MW super-critical thermal power plant at Darlipali in Odisha.

24 Nov 2014

Adani Power buys Avantha's 600 MW plant for Rs 4,200 crore

This is the second acquisition by Adani Group since it bought the Rs 1,200 MW coal-fired Udupi plant from the debt-laden Lanco Infra for Rs 6,000 crore in August.

24 Nov 2014

Adani Power shares up nearly 3% on Avantha deal

Shares of Adani Power Monday rose by nearly 3 percent after it entered into a binding agreement with Gautam Thapar-led Avantha Group to buy out its 600 MW Korba West unit for more than Rs 4,200 crore.

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