Bidders set up close fight for SKS Power; financial creditors could make a full recovery

"All bidders that had submitted bids early this month are very close, which means a recovery of over 75% is almost guaranteed. To break the deadlock, banks will push the bidders to offer more particularly with more cash upfront, which is likely to take recovery closer to 100%," said a person familiar with the process.

from Energy-Industry-Economic Times https://ift.tt/iHMP36I