Jaiprakash Associates bid: Vedanta offers ₹4,000 crore upfront payment, rest over 5-6 years

Vedanta beat Adani Group with a bid whose net present value comes to ₹12,505 crore in an auction carried out by lenders to find suitors for JAL, whose interests span real estate, cement, power, hotels and roads.

Sep 8, 2025 - 10:30
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Jaiprakash Associates bid: Vedanta offers ₹4,000 crore upfront payment, rest over 5-6 years
Vedanta beat Adani Group with a bid whose net present value comes to ₹12,505 crore in an auction carried out by lenders to find suitors for JAL, whose interests span real estate, cement, power, hotels and roads.

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