JSW Energy reopens talks with Jaypee Group for buying three power assets

JSW Energy reopens talks with Jaypee Group for buying three power assets

Months after initial discussions fell through, Sajjan Jindal-controlled JSW Energy is said to have reopened talks with the Jaypee Group on acquiring three power assets. The two sides are in advanced negotiations for a deal involving two power generation units and a majority stake in a transmission joint venture for an enterprise value of about Rs 5,500 crore, two people aware of the development Read more

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