May 26, 2021 10:12 AM IST
The initial sale price by JSPL implies a steep 55 percent discount to the replacement cost of the power plants
- Mar 25, 2021 01:10 PM IST
Out of these, 37 are fully explored, meaning it could be brought to production immediately, and 30 partially. During the first round of auctions held last year, 19 mines received successful bids, out of the 38 on offer.
- Nov 03, 2020 10:43 AM IST
Concerns on the operating performance of international subsidiaries of Jindal Steel and Power remain. Almost two-thirds of power assets remain idle due to lack of demand
- Oct 21, 2019 05:57 PM IST
A company official said that Sinha was appointed as chairman of Jindal Power earlier this month, following which he took over last week.
- Oct 05, 2018 02:55 PM IST
"CARE has reaffirmed stable outlook credit rating of A- (Single A minus) to Jindal Power which operates the 3400 MW OP Jindal Super Thermal Power Plant at Tamnar, Chhattisgarh," JSPL said in a statement on Friday.
- May 24, 2018 09:52 AM IST
Naveen Jindal talks about, among other things, his plan to keep working on cutting his company’s debt by Rs 5,000 crores to Rs 6,000 crore for three consecutive years and listing JSPL’s Oman unit.
- Mar 09, 2017 05:25 PM IST
In a setback to Jindal Steel and Power (JSPL), the Delhi High Court has upheld the decision of the government to cancel Jindal Power's bid for the Gare Palma and Tara blocks.
- Nov 22, 2016 08:00 AM IST
"K Rajagopal, has resigned from the position of CFO and he will relinquish his office from the close of business hours on November 21, 2016," it added.
- Mar 30, 2016 05:22 PM IST
India Business Excellence Fund-II and India Business Excellence Fund-IIA, funds managed and/or advised by MOPE Investment Advisors Private Ltd has acquired 4.1 percent stake in IEX from Jindal Power Ltd for a total consideration of Rs 98 crore, MOPE Investment Advisors said in a press release.
- Mar 15, 2016 09:46 AM IST
"As part of the monetisation plan already advised, Jindal Power, a subsidiary company of JSPL has entered into a definitive agreement to divest 4.12 percent holding in India Energy Exchange at an undisclosed," says the company in its filing.
- Mar 14, 2016 09:48 PM IST
Jindal Steel and Power (JSPL) today said its subsidiary Jindal Power has entered into a definitive agreement to divest 4.12 percent stake in Indian Energy Exchange for an undisclosed amount by month-end.
- Mar 11, 2016 10:38 AM IST
Ravi Uppal, MD & CEO of JSPL says that the company has been approached by various parties for JPL stake as well as for standalone power assets.
- Mar 09, 2016 12:49 PM IST
By the end of March 2015, the company had consolidated debt of Rs 42,252 crore, increased significantly from Rs 34,230 crore in March 2014.
- Mar 02, 2016 01:46 PM IST
The company is aiming to raise nearly Rs 20,000 crore from the stake sale. Of this, sources say it may fetch about Rs 15,000 crore from JPL's sale.
- Feb 09, 2016 03:48 PM IST
A hydro power project being executed by GMR in Himachal Pradesh has also been offered to NHPC on ownership basis.
- Dec 15, 2015 03:25 PM IST
"Reliance Power logged the highest PLF of 98.2 percent in November 2015 as Sasan UMPP outperformed industry average of 60.6 percent in November 2015," an IDFC Securities report stated.
- Apr 16, 2015 01:44 PM IST
State-run power equipment maker BHEL today said it has fully commissioned 2,400 MW OP Jindal thermal power project in Chhattisgarh.
- Mar 17, 2015 03:43 PM IST
According to sources, the govt may not seek IMC deliberation on 5 coal blocks auctioned in phase 2
- Mar 16, 2015 03:20 PM IST
Shares of Hindalco Industries fell more than 6 percent intraday Monday on fears that the government may re-examine bids for coal blocks auctioned in schedule 3.
- Mar 13, 2015 03:33 PM IST
The central government will be taking the final decision on whether to re-auction these three coal mines or not based on the report submitted by the committee.
- Mar 10, 2015 03:41 PM IST
The government may also re-auction the blocks sent for re-examination to derive true value of the blocks. However, it has been learnt that the government is yet to decide on re-auctioning blocks sent for re-examination.
- Mar 09, 2015 01:32 PM IST
Shares of Jindal Steel & Power (JSPL) gained more than 8 percent intraday Monday after power generation unit Jindal Power won Tara coal block in Chhattisgarh for Rs 2,103 crore.
- Mar 05, 2015 09:01 AM IST
On day 2, government is putting up the largest reserves meant for the power sector. The coal block for the auction today is Mandakini coal block situated in Odisha. It has reserve of about 287.88 mt (extractable).
- Mar 04, 2015 02:43 PM IST
Government on Wednesday began the second round of coal mine auctions by putting on offer four blocks â€“ all in Jharkhand â€“ with firms including Adani Power, JSW Steel, SAIL and BALCO in the race.
- Feb 24, 2015 07:35 PM IST
Coal Secretary Anil Swarup tweeted, "Announcement of qualified bidders for Schedule 3 Coal Blocks on March 2. Auctions (of schedule III mines) to be held from March 4-8."