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Jaiprakash Power Ventures executes sale agreement with Orient Cement

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Capital Market
Last Updated : May 31 2017 | 2:01 PM IST

For sale of 2 mtpa Nigrie Cement Grinding Unit

Jaiprakash Power Ventures has executed an agreement with Orient Cement for sale of 2 million ton per annum Nigrie Cement Grinding Unit on a going concern basis at a consideration linked to a total enterprise value of approximately Rs 496 crore subject to mutually agreed adjustments and all such approvals, as might be required.

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First Published: May 31 2017 | 1:37 PM IST

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