Jaiprakash Power Ventures Ltd (JAPR.BO)
22 Sep 2014
|Market Cap (Mil.):||Rs43,776.25|
|Shares Outstanding (Mil.):||2,938.00|
NEW DELHI - Reliance Power Ltd will buy Jaiprakash Power Ventures Ltd's entire hydropower business, the companies said on Monday, in a deal that would make billionaire Anil Ambani's group the largest private hydropower provider in India.
* Jaiprakash to pay down debt (Recasts, adds Reliance comment, estimated value, context)
NEW DELHI, July 28 - India's Jaiprakash Power Ventures Ltd on Monday said it plans to reduce debt by selling three hydropower plants to a subsidiary of Reliance Power Ltd, including two plants involved in a sale that collapsed last week.
MUMBAI/NEW DELHI, July 24 - An Abu Dhabi-led consortium is pulling out of a $1.6 billion deal to buy two hydroelectric power plants from Jaiprakash Power Ventures Ltd , dealing a blow to the Indian group's efforts to cut its debt.
NEW DELHI - Jaiprakash Power Ventures Ltd plans to raise up to 30 billion rupees ($508 million) in new debt and equity to fund future projects and pay down its debts, the company said on Monday, sending its shares up 30 percent.
NEW DELHI, May 19 - India's Jaiprakash Power Ventures Ltd plans to raise up to 30 billion rupees ($508 million) in new debt and equity to fund future projects and pay down its debts, the company said on Monday, sending its shares up 30 percent.
* Agreement follows Jaiprakash power plant sales (Adds chairman quotes on debts, adds shares)