Jindal Power to acquire 1,350 MW Jhajjar Power Project
Jindal Power Limited has entered into an agreement to acquire the 1,350 MW Jhajjar Power Project in Haryana from Apraava Energy. The transaction involves the transfer of all paid-up share capital of Jhajjar Power Limited (JPL), a wholly owned subsidiary of Apraava Energy, to Jindal Jhajjar Power Limited, a subsidiary of Jindal Power. The acquisition also includes Apraava Renewable Energy Private Limited and Kohima-Mariani Transmission Limited. The deal is expected to close within a month….
