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JSW Energy signs binding MoU with Jaiprakash Power Ventures

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Capital Market

To acquire three operating plants aggregating capacity of 1891 MW

JSW Energy (JSW) announced that the Company has signed a binding Memorandum of Understanding with Jaiprakash Power Ventures (JPVL) for the 100% acquisition by JSW of three operating plants of JPVL, namely, 300 MW Baspa-II Hydro Electric Plant, 1091 MW Karcham Wangtoo Hydro Electric Plant and 500 MW Bina Thermal Power Plant.

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First Published: Sep 26 2014 | 9:41 AM IST

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