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:
NHAI Expands Rajmargyatra App with Digital Local Pass and MargMitra Help Centre
PM Modi to Inaugurate Alluri Sitarama Raju International Airport at Bhogapuram on August 1
RITES and MECON Forge Partnership to Pursue New Infrastructure Opportunities
Tata Power Wins SECI Award for 324 MW Supply from Bhivpuri Pumped Hydro Project
Prime Minister Modi Dedicates 75 Redeveloped Amrit Bharat Stations Across India
India’s Private Spacetech Ambitions Reach Orbit After Skyroot’s Successful Launch
Strait of Hormuz Conflict Stalls Persian Gulf LNG Exports, S&P Global Says
India’s Rail Modernisation Shields Network from Fuel Shock, Modi Says
GAIL Signs MoU with KABIL to Boost Critical Minerals Collaboration
India’s First Private Orbital Rocket Vikram‑1 Set for July 18 Test Flight
NHAI Engages Consultants to Strengthen InvIT‑Led Highway O&M
Porbandar Shipbuilding Cluster, Vadinar Repair Facility Get Government Nod
AM/NS India and SVNIT Launch Programme to Build Industry‑Ready Talent in Surat
Naidu Fast‑Tracks Dholera International Airport Operationalisation
KEC International Secures First Data Centre Line Order in ₹1.18 Billion Wins
Railway Minister Vaishnaw Unveils Eight New Freight Reforms
REC, CPRI Partner to Boost Quality Assurance under RDSS
HPCL Strengthens Ethanol Quality Checks with 3,651 Surprise Inspections
India’s Drone Challenge 2.0 Empowers Students to Build Smarter Drones on Indigenous Chips
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.