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Jun 21, 2012, 11.54 AM IST
JPT Sec has decided to put on hold all plans relating to setting up of thermal power plant at Pipavav due to weakness in overall economic environment.
JPT Securities Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2012, inter alia, transacted the following business:- Given the weakness in overall economic environment and the specific challenges being faced by the power sector, the Board has decided to put on hold all plans relating to setting up of Thermal Power Plant at Pipavav and will re-evaluate the same at an appropriate time.Source : BSE
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