Jindal Power to come up with an IPO - Indian IPO Blog

Thursday, December 9, 2010

Jindal Power to come up with an IPO

Jindal Power, a subsidiary of Jindal Steel & Power Ltd. (JSPL) is planning to come up with an Initial Public Offering (IPO), which may hit the markets in the near future

According to company's website, Jindal Power Ltd. has set up India’s first mega power project in the private sector at Raigarh, Chhattisgarh. The Company has invested approximately Rs. 4338 crore for setting up a 1000 MW power plantAll four units (250 MW each) were commissioned within a span of nine months

Stay tuned for the latest on Jindal Power IPO!

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