11.07.2025 15:09

India’s Adani Group is highest bidder for Jaypee

India’s Adani Group has emerged as the highest bidder in the race to acquire engineering and construction company Jaiprakash Associates (Jaypee), which is currently undergoing insolvency proceedings.

According to industry sources, the bid stands at INR 125bn (about US$ 1.4bn) for a package of assets, incl. 10.55 Mta of cement capacity and corresponding subsidiaries and associates.

Region: India
Source: CCF2Up
Image source: CCF2Up
The use of materials published on the site is allowed only with the reference to the source (the journal «Cement and its application») and a hyperlink to the quoted material.
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The use of materials published on the site is allowed only with reference to the source (the journal «Cement and its application») and a hyperlink to the quoted material.
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