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Discoms can have better buyers than generation companies: RK Bansal

Sources tell CNBC-TV18 that banks have put their stake in Jaiprakash Power Ventures on the block. In an interview to CNBC-TV18, RK Bansal, Former ED of IDBI Bank shared his views and readings on the same.

See debt-equity at 1:1.5 by year-end post deal: JP Power

The Baspa II and Karcham Wangtoo hydro projects contributed Rs 1,800-1,900 crore of FY15 revenues, says Suren Jain, MD, Jaiprakash Power Venture

JP Power Ventures sells 2 hydro power plants to JSW Energy

The two companies have also entered into a binding Memorandum of Understanding (MoU) for JSPVL‘s 500 MW Bina Thermal Power Plant.

JP Power deal to be completed by early FY16: JSW Energy

Sanjay Sagar, joint managing director & chief executive officer, JSW Energy, says he‘s confident of getting all the necessary approvals, especially the ones from Central Electricity Authority (CEA).

Expect to close JP Power deal by 2014 end: TAQA

The company‘s capacity will increase to 1800MW in India post JP deal and this transaction is likely to complete later this year, TAQA said.

Cement unit sale not shelved; to happen by yr-end: JP Asso

Manoj Gaur of Jaiprakash Associates told CNBC-TV18 that the stake sale plan of their Gujarat's cement arm, Jaypee Cement, had not been called off. He added, that it will be complete by the year-end and the focus lies on debt reduction on the balance sheet.

JP Asso mulls $160-170/tn valuation for cement stake sale

Manoj Gaur, Executive Chairman of Jaiprakash Associates said they undertook a call to pare its debt on a consolidated level by selling stake in one of its plants. However, they have still not considered a sale of its Andhra unit to Ultratech, informed Gaur.

JP Associates eyes debt reduction of Rs 15K-16K cr

The infrastructure space has been suffering a lot over the last month or so. Manoj Gaur, executive chairman of Jaiprakash Associates told CNBC-TV18 that JP group has performed very well despite the difficulty faced by infrastructure space. Gaur expects the company to bring down their debt to Rs 15,000-16,000 crore by the end of FY12.