Moneycontrol PRO

business

New 1000 MW plant ups profit; to add 500 MW in Q4: JP Power

JP Power Ventures commissioned the Karcham-Wangtoo plant in 2011. “This additional capacity aided in posting better Q3 numbers, apart from merchant prices going up by Rs 1.5 that added to bottom line,” says Suren Jain, managing director of JP Power Ventures, speaking CNBC-TV18 about his third quarterly numbers.

first published: Feb 6, 2012 11:58 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347