Reliance Power has its own hydro electric power projects aggregating over 5,000 MW, however, all under development. On the other hand, JPVL, which was the largest hydro power operator in the private sector, has all operational assets.
Jaypee Group intends to utilise the entire proceeds of the proposed transaction to reduce its outstanding debt, and thereby deleverage its consolidated balance sheet, said a company statement.
Jaypee Group intends to utilise the entire proceeds of the proposed transaction to reduce its outstanding debt, and thereby deleverage its consolidated balance sheet, said a company statement.
The Jaypee Group had sold its two hydro power projects in Kinnaur district to a consortium led by Abu Dhabi National Energy Company PJSC (TAQA), the international energy and water company from Abu Dhabi, for Rs 10500 crore, but the deal soured.
Public sector Indian Overseas Bank has reported over two-fold jump in net profit for the first quarter ended June 30, 2014 at Rs 271.72 crore. The city-based bank had reported net profits of Rs 125.79 crore in the corresponding period of the previous year.
For more details call us to: 0731-6669900,6790000
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Public sector Indian Overseas Bank has reported over two-fold jump in net profit for the first quarter ended June 30, 2014 at Rs 271.72 crore. The city-based bank had reported net profits of Rs 125.79 crore in the corresponding period of the previous year.
For more details call us to: 0731-6669900,6790000
Click here: capitalstars.com
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