Jindal Power to buy Simhapuri power plant for about ₹300 cr - Business News: Latest News & Videos about market and economy | Trendmergers

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Jindal Power to buy Simhapuri power plant for about ₹300 cr

The company's functioning, according to industry executives, was severely affected when the plant was kept idle to reserve power capacity for Andhra Pradesh discoms. JPL holds thermal, hydro and renewable power assets with an installed capacity of 3,400 MW. According to the company's website, its arm Jindal Mozambique Minerais Limitada owns and operates a 3 million tonne per annum.

from Industry-Economic Times
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