JSW Energy will buy three hydropower projects of Jaiprakash Power Ventures Ltd (JPVL), after Reliance Power Ltd (R-Power) called off its talks to buy the assets, in what it called ´regulatory uncertainties.´ The transaction was announced by Manoj Gaur, Executive Chairman, Jaiprakash Associates Ltd, and Sajjan Jindal, Chairman, JSW Steel Ltd, in New Delhi. The portfolio comprises Baspa Stage II (300 MW) and Karcham Wangtoo (1,091 MW) projects in Himachal Pradesh, and the Vishnuprayag (400 MW) project in Uttarakhand.
FlashNews:
IIFCL Launches Strategic Document to Support Green Infra
REC Reports Record Half-Yearly Profit of ₹74.48 Billion
RAHSTA to submit policy recommendations to NHAI
Roads & Highways Builders book RAHSTA Expo
Are Projects facing a 90 percent barrier?
RAHSTA Forum sets the stage for groundbreaking discussions in roads infra
NBCC sells office/commercial space worth Rs. 14,800 Crore approx
RAHSTA Forum to kick off road and highway expo journey
Infrastructure Experts to Debate Viksit Bharat at Infrastructure Today Conclave in Delhi
Land Pooling Sinks under Flip Flops!
Gods or Demi-Gods cannot prevent a stampede
RAHSTA to showcase cutting-edge road construction tech, says NCC Director
RAHSTA will drive road construction innovation: Sundaresan
Trimble MD champions digital solutions for industry growth at RAHSTA
Vipin Sondhi: Indian infra booms with road construction opportunities
RK Pandey promotes safe road development at RAHSTA launch
RAHSTA to pave the way for innovation in road construction: AK Singh, NHAI
Road construction leaders launch RAHSTA Expo 2024 in Delhi
Road construction industry launches RAHSTA Expo 2024 in Delhi
Home » JSW Energy to buy Jaypee´s hydropower assets
JSW Energy to buy Jaypee´s hydropower assets
Power & New and Renewable Energy
October 1, 2014October 1, 2014
Leave a Reply
You must be logged in to post a comment.