# Hung Bong Resources acquires SKS Power Generation in India for 21.7B INR

Hung Bong Resources, through its subsidiary ENTWICKELN India Energy, signed an agreement to acquire 100% of SKS Power Generation (Chhattisgarh) Limited, which operates a 600 MW coal-fired power plant in India, for a total consideration of 21.7 billion INR.

- Type: Acquisition
- Announced: 2018-11-12
- Where: Chhattisgarh, India
- Status: announced
- Capacity: 600 MW
- Products: electricity from coal-fired power plant
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Hung Bong Resources](https://endata.com/companies/35428.md) (acquirer)
- [SKS Power Generation (Chhattisgarh) Limited](https://endata.com/companies/35429.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/163457.html), 2018-11-12: "鉴于印度乃世界上人口最多的国家之一及该国家的电力持续短缺，董事会认为印度对火力发电的需求强劲，且能源业发展呈平稳上升趋势。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
