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JINDAL POWER ACQUISITION
INOXGFL leads race for Vena's India biz buyout; Proposed deal may give Rs 4,500-5,000 crore enterprise valueINOXGFL Group is poised to acquire Vena Energy's Indian renewable energy business. The deal is valued between ₹4,500-5,000 crore. This move...
Inox Clean buys assets of US' Boviet Solar for $750 millionInox Clean Energy has secured Boviet Solar's US solar manufacturing assets for $750 million. This strategic acquisition includes solar modu...
Megha Engineering unit to acquire Neyveli Power from Abu Dhabi’s TAQAMEIL Energy has acquired TAQA Neyveli Power for Rs. 926 crore, marking a strategic shift from an EPC conglomerate to an owner and operator ...
Jindal Power buys Apraava Energy’s Jhajjar power plantNaveen Jindal-owned Jindal Power Ltd (JPL) has agreed to acquire the 1,350 MW Jhajjar Power Project in Haryana from Apraava Energy for an e...
Jindal Power gets CCI nod to acquire debt-ridden Jaiprakash AssociatesFair trade regulator CCI has granted in-principle approval to Jindal Power's proposal to acquire debt-ridden Jaiprakash Associates (JAL), a...
Wealthtech startup PowerUp Money raises $7 million from Accel, Blume, othersThe fresh funds will be used for strengthening the research vertical, building more products to cater to consumer requirements, and scaling...
Jindal Steel to acquire Allied Strips for Rs 217.5 croreJindal Steel and Power acquired Allied Strips Limited, a Haryana-based steel manufacturer, for Rs 217.53 crore. The acquisition through Jin...
Jindal India Renewable Energy scouts for acquisition to expand portfolio to 5 GWBC Jindal Group plans to increase its capacity to 5 GW within four years by acquiring operational assets both domestically and abroad throu...
Jindal Group in talks to acquire Czech-based Vitkovice Steel for 150 mn eurosHomegrown Jindal Group is in talks to acquire 100% stake in Czech-based Vitkovice Steel via Jindal Steel International. This will mark thei...
Tuticorin Coal Terminal: Jindal Power moves NCLAT to be consideredChallenging an order of the National Company Law Tribunal's Mumbai bench, which had held the company ineligible for participation in the re...
JSPL's Chhattisgarh plant buy on track: JSW Energy"The Tamnar acquisition is on track and expected to close before the long stop date of June 30, 2018," JSW Energy said in its annual report...
JSW Energy wants to consolidate the sector in power: Sajjan Jindal, JSW Steel"There are a lot of stressed assets in the country and the idea is to consolidate and whatever asset is worthwhile we will consolidate."
JSW Energy to acquire JSPL's 1,000 mw plant for Rs 6,500 croreAn announcement could come as early as Wednesday, though one of the sources with direct knowledge of the matter said further talks were sch...
JSPL plans to set coal fired power plant in LiberiaJindal Steel & Power is planning to set up a coal fired power plant in the West African country of Liberia.
JSPL to set up 1,320-mw plant in JharkhandWe will use the power generated at Godda to meet the captive needs of steel units in Patratu and Asanboni, said Naveen Jindal, chairman, JS...
- Jindal Steel arm acquires Canada’s CIC Energy for about $115 million
Jindal BVI has acquired Canada-listed coal company CIC Energy for about $115 million by merging Jindal BVI with the foreign company.
- CIC Energy confirms sale talks with Jindal Steel & Power
CIC Energy on Wednesday evening said it is in advanced negotiations with Jindal Steel & Power for a possible acquisition.
Jindal Steel & Power in talks with Canada company for stakeThe deal, which could be valued upward of Rs 1,000 cr, will give JSPL control over potential reserves of about 2.4 bn tonnes of high grade ...
- JSPL open to steel plant acquisition, says company Deputy MD
JSPL was approached by Ispat Ind but it turned down when Naveen's elder brother Sajjan made efforts to buy the firm.
- Jindal Power looking at buyout of projects
Jindal Power on said it is considering "quite a few" projects for buyout in the country, especially in the thermal power space.