(EnergyAsia, August 13, Thursday) — India’s Jaiprakash Associates plans to raise more than 15 billion rupees by merging two of its power units in a deal valued at up to Rs 40 billion. (US$1=Rs48). The deal combined Jaiprakash Power Venture Ltd with listed company Jaiprakash Hydro Power. The move is aimed at helping Jaiprakash to…
INDIA: Jaiprakash aims to raise over 15 billion rupees with merger of power units
Posted on August 12, 2009 by EnergyAsia