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.
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Home » JSPL acquires Kineta Power
JSPL acquires Kineta Power
Power & New and Renewable Energy
February 1, 2014February 1, 2014
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