Acquisitions and Divestitures News in India

Synergia Energy Announces Cambay Operational Update
11/8/2024 - The Board of Synergia Energy Limited (Synergia or the Company) is pleased to announce the following update on operations being conducted on its Cambay PSC (WI: 50%) in India.

Operational...
Crown LNG Executes Final Agreements to Acquire Kakinada & Grangemouth LNG Import Terminal Assets
11/1/2024 - Crown LNG Holdings Limited (“Crown” or “Crown LNG”), a leading provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, announced the conclusion of two strate...
thyssenkrupp sells electrical steel business in India
10/18/2024 - Indian-Japanese buyer consortium wins bid
Closing of the transaction expected in the next few months

thyssenkrupp sold the Indian company thyssenkrupp Electrical Steel India Private ...
AAM Announces Sale of Commercial Vehicle Axle Business in India
10/17/2024 - American Axle & Manufacturing Holdings, Inc. (AAM), announced that it has entered into a definitive agreement to sell its commercial vehicle axle business and related assets in India (AAM India Manufa...
Fortum to sell its stakes in the biobased solutions businesses in India
9/23/2024 - Fortum has signed an agreement to sell its 37.4% ownership in Chempolis Oy, including Fortum’s all biobased solutions businesses, and the shares in the holding company owning 40.3% in Assam Bio Ethano...
VINCI signs an agreement to acquire a majority stake in a motorway concession in India
9/9/2024 -  Acquisition of a 51% stake in the concession company for the SH1 motorway near Hyderabad
Concession lasting a remaining 16 years to operate 206 km of motorway
Acquisition expected to be fi...
Synergia Energy Close the Selan Farm Out Agreement
8/1/2024 - Further to its announcement of the execution of a farm-out agreement with Selan Exploration Technology Limited ("Selan") regarding the Company's Cambay Field Production Sharing Contract ("Cambay PSC")...
Government of India Approval for Working Interest Transfer
7/22/2024 - Further to its announcement of the execution of a farm-out agreement with Selan Exploration Technology Limited ("Selan") regarding the Company's Cambay Field Production Sharing Contract ("Cambay PSC")...
Indus Gas Limited Announces Corporate and Operational Update
6/25/2024 - We wish to inform that the Production Sharing Contract ("PSC") for Block RJ-ON/6, which provided for an initial contract period of 25 years, expires on 20 August 2024. The PSC also provides for an ext...
Adani Completes Acquisition Of Essar’s Operational Mahan-Sipat Transmission Assets
5/16/2024 -  Adani Energy Solutions Limited (AESL) through its wholly owned subsidiary Adani Transmission Step-Two Limited (ATSTL) acquired a 100% stake in Essar Transco Limited, which houses operational Mahan-Si...
thyssenkrupp completes sale of its industrial business in India
5/8/2024 - Sale of majority stake to existing co-shareholders
Strategic portfolio streamlining in thyssenkrupp's mining business completed
Cooperation agreements for core technologies continue to s...
Fortum sells its ownership in the 185-MW Indian solar portfolio
5/3/2024 - Fortum has signed an agreement to sell the remaining 43.75% share of its Indian solar power portfolio to Gentari Renewables India Pte. Ltd., a subsidiary of clean energy solutions provider Gentari Sdn...
EQT Exits CMS, India’s Largest Cash Management Company
2/28/2024 - EQT Private Capital Asia sells its remaining 26.7 percent stake in CMS, India’s largest cash management company, through a USD 187 million block trade

Under EQT’s ownership, CMS consolida...
Finalization of Cambay Field Farm Out and Joint Venture
2/14/2024 - Further to its announcement of 12 February 2024, Synergia Energy Limited ("Synergia" or the "Company") is pleased to announce the successful conclusion of negotiations with Selan Exploration Technolog...
Synergia Energy Announces Cambay PSC Farm Out Update
2/12/2024 - Synergia Energy Limited ("Synergia" or the "Company") announces the following update regarding the proposed Cambay PSC Farm Out.

Synergia conti...
Synergia Provides Cambay Farm Out Update
1/31/2024 - Synergia Energy Limited ("Synergia" or the "Company"), is pleased to announce the following update regarding the Cambay PSC Farm Out.

Synergia continues to hold meetings in India this...
Synergia Provides Cambay Farm Out Update
1/22/2024 - Synergia Energy Limited ("Synergia" or the "Company"), is pleased to announce the following update regarding the Cambay PSC Farm Out.

Synergia held meetings in India last week with th...
Adani Green Completes JV With TotalEnergies Raises USD 300 Million
12/27/2023 - • AGEL completed the transfer of 1,050 MW renewable portfolio to a JV between AGEL and TotalEnergies
• AGEL contributed the mix of operational (300 MW), under construction (500 MW) and under d...
Synergia Announces Cambay Farm Out and C-77H Update
12/18/2023 - Synergia Energy Limited ("Synergia"), is pleased to announce the following update regarding the Cambay Farm Out and the status of the Cambay C-77H well.

Re: Cambay Farm Out
Synergi...
Cambay Farm Out and Funding Arrangements
12/5/2023 - Synergia Energy Limited ("Synergia" or the "Company"), is pleased to announce the following update regarding the Cambay Farm Out and funding arrangements.

Re: Cambay Farm Out
...

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