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:
Future of Himalayas White Paper Calls for Systemic Shift in Development and Resilience
Global Wind Installations Surge 40% as Sector Charts Path Beyond Energy Crisis
Siemens Ushers in Industrial AI Transformation with Eigen Engineering Agent at Hannover Messe
India and Asian Markets Adapt to Middle East LNG Disruption: S&P Global Energy
Polaris Smart Metering Secures $80 Million BII Financing to Accelerate Indiaâs Smart Meter Rollout
Delhi Airport Unveils MultiâLingual Passenger Guide Under #DELCares
POWERGRID Wins Green World Award 2026 for Climate Change Excellence
Reflections for Safer Roads: The Science of Conspicuity
JAKSON Group Unveils Five Energy Solutions, Eyes Over âđ90âŊBillion Growth for FY2026â27
StarâŊAir Launches 70âŊWeekly Flights, Introduces FirstâEver Direct Mundra-DelhiâŊNCR Route
Indiaâs Data Centre Market to Double, Crossing $22 Billion by 2030: Vestian
âRVNL Delivers 17,000 km Rail Projects, Executes âđ2 Trillion Infrastructure:â Railway Board CEO
Qatar Pledges Deeper Energy Ties with India During Puriâs Doha Visit
IRB Group Reports âđ8.3 Billion FY2026 Toll Revenue, Secures 10% National Share
India and Bhutan Sign Tariff Protocol for PunatsangchhuâII, Strengthening Hydropower Partnership
IndiGo, Digi Yatra and BIAL Pioneer Indiaâs First International Contactless Travel Trials with IATA
India-Bhutan Hydropower Push: Minister Manohar Lalâs 4-Day Visit to Drive Projects, Trade
India Slashes Airport Charges to Shield Domestic Airlines from ATF Surge Amid West Asia Conflict
India Climbs to Third Globally in Renewable Energy Capacity, Adding Record 55 GW in FY2025-26
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.