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Jhajjar Power Project Acquisition

Sector: Power Generation (CCGT) • Location: Jhajjar, Haryana, India

Source: The Economic Times

Project
Planned

Jindal Power Ltd (JPL), owned by Naveen Jindal, is likely to acquire the 1,350 MW thermal power project Jhajjar Power in Haryana from Apraava Energy for ₹4,000 crore. JPL has signed an exclusivity agreement and expects to finalize the deal within a month. The project has been commercially operational since 2012 and delivers 90% of its output to Haryana and the rest to Tata Power Trading Company.

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The project “Jhajjar Power Project Acquisition” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Jhajjar, Haryana, India. Taiyo aggregates data on it from The Economic Times.

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Description

Description

Jindal Power Ltd (JPL), owned by Naveen Jindal, is likely to acquire the 1,350 MW thermal power project Jhajjar Power in Haryana from Apraava Energy for ₹4,000 crore. JPL has signed an exclusivity agreement and expects to finalize the deal within a month. The project has been commercially operational since 2012 and delivers 90% of its output to Haryana and the rest to Tata Power Trading Company.

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