Jindal Steel and Power (JSPL) has acquired 100 per cent stake in Kineta Power, a 1,980 MW privately-owned coal-based power plant in Nellore district of Andhra Pradesh. The deal would be executed in phases and the project cost would be around Rs 10,000 crore. JSPL has plans to run the plant on imported coal from its mines in Indonesia and would blend it with the thermal coal produced at its mines in Mozambique.
FlashNews:
NHAI, NCAER Join Hands to Launch Indiaâs First Centre for Transport Economics
India Clears LNG Diversification Test Amid West Asia War and Hormuz Closure
India Surges to Global Leadership in Ship Recycling with 35% Market Share
Centre, Assam, Nagaland Sign Tripartite MoU to Unlock Border Hydrocarbons
DHL Group Expands New Energy Logistics Amid Global Supply Shifts
INâSPACe Funds Three Startups to Propel Indigenous Space Innovation
AM/NS India, IIT Roorkee Forge Strategic Pact for Manufacturing Innovation
Second Heavy Haul Seminar 2026 Charts Future of Rail Freight
Delhi Airport Transfer Traffic Hits 27%, Reinforces Hub Status
CleanMax-GACL Seal Gujaratâs Largest Hybrid RE Partnership for Industrial Decarbonisation
Atlanta Electricals Wins âđ2.85 Billion PSTCL Transformer Order
ULCCS Model Gains Global Spotlight at UN Symposium
India Clears âđ100 Billion ATF Stabilisation Package Amid West Asia Crisis
Chasing 70 GW Ambition, Suzlon 2.0 Reâinvents Wind for Energy Transition
Digi Yatra Crosses 100 Million Journeys, Expands Seamless Travel Across 38 Airports
AM/NS India Wins First PMâSETU Approval, as Andhra Pradesh Leads ITI Transformation
NHAI Finalises Highway Monetisation Plan for FY2026â27
Sonowal Launches Port Performance Index, Digital Maritime Reforms to Boost Competitiveness
MGL and Fourth Partner Energy Ink MoU for Clean Energy Push
Home » JSPL acquires Kineta Power
JSPL acquires Kineta Power
Power & New and Renewable Energy
February 1, 2014February 1, 2014
Leave a Reply
You must be logged in to post a comment.