While the value of the bids by NBCC and Suraksha grouo could not be ascertained, two other shortlisted players - Kotak Investment and Cube Highways - did not submit bids.

The stressed accounts, which also include Bhushan Power, Alok Industries, ABG shipyards, Amtek Auto, Lanco, Era Infrastructure and Jyoti Structures, owed nearly Rs 2.5 lakh crore to lenders.

India's conventional power sector is gaining from rise in demand, but a host of issues, especially financial health of discoms, remain a cause for concern.

Rakesh Jhunjhunwala has notched up big notional losses in portfolio stocks, especially in the midcaps space.