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  • After robust Q1, Essar Power Gujarat hopes to up margins further

    After turning profitable in the last fiscal year, Essar Power Gujarat Ltd (EPGL) is confident of maintaining this momentum and has reported a good set of earnings numbers for the first quarter of FY17.

  • Plan to make holding co debt free in 2 yrs: Essar Power

    Plan to make holding co debt free in 2 yrs: Essar Power

    Speaking to CNBC-TV18, Sushil Maroo said that the power sector expects a more benevolent approach financial institutions and the RBI as the industry is going through a rough patch where completion of projects has delayed and demand is short.

  • Essar Energy sees margin improvement via refinancing

    Essar Energy sees margin improvement via refinancing

    The company's focus will primarily remain on improving margins and cash flow through asset optimisation and refinancing.

  • No plans to list Jindal Power in near-term, says JSPL CFO

    No plans to list Jindal Power in near-term, says JSPL CFO

    JSPL at the moment does not have any plans to list Jindal Power in the near-term, informed Sushil Maroo, Director & Group CFO of the company. He also added that they have provided all the requisite information regarding their mining operations to the Shah commission.

  • BOOT model not suitable for power projects: Experts

    BOOT model not suitable for power projects: Experts

    The Build-Own-Operate-Transfer model would not be suitable for setting up power plants in the country and could lead to complications in the sector, experts said today.

  • Merchant power rates to hover around Rs 4-4.25/unit: JSPL

    Merchant power rates to hover around Rs 4-4.25/unit: JSPL

    Demand for steel has weakened, says Sushil Maroo, director and group CFO of JSPL. However, he said prices are stable because of low supply.

  • Draft Mining Bill: JSPL sees significant impact on profit

    Draft Mining Bill: JSPL sees significant impact on profit

    In an interview with CNBC-TV18, Sushil Maroo of JSPL says, the Mining Bill will significantly impact the profitability. “The bottom-line might be impacted by 7-12%,” he adds.

  • FY12 volume growth to see large jump: JSPL

    FY12 volume growth to see large jump: JSPL

    Jindal Steel & Power Q4 consolidated net profit was up at Rs 1,002 crore versus Rs 963 crore, YoY. Its consolidated net sales were at Rs 3,848 crore versus Rs 3,182 crore, YoY. Sushil Maroo the Group CFO of the company, in an interview on CNBC-TV18 spoke about the company's earnings results and what the road ahead looked like moving forward.

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