Updates
Jaiprakash Power Ventures Ltd has informed BSE that the Companys 400 MW Vishnuprayag Hydro Power Plant, which was temporarily shut down w.e.f. June 25, 2015, due to heavy rains and storm in Uttarakhand causing unprecedented flood in river Alakhnanda resulting in excessive silt and debris at Barrage, has resumed power generation w.e.f. evening of September 11, 2015.
Jaiprakash Power Ventures sells the family silver
The basic problem that remains for the firm is that it will have presumably Rs20,000 crore of debt still on its books and will need to figure out a way to service that debt Clarifies on news items
With reference to the news reported in The Economic Times, 08/09/2015 - "JSW Energy to buy Bina Power for Rs.3.5K Cr.", Jaiprakash Power Ventures Ltd has submitted to BSE a copy of Clarification is enclosed. Updates
With reference to the earlier communication dated November 16, 2014 regarding approval of Security Purchase Agreement (SPA) with JSW Energy Limited (JSW) regarding the Sale of Securities (Equity and Non-Convertible Debentures) in Himachal Baspa Power Company Limited (HBPCL) (a subsidiary of the Company) to JSW, read with Supplemental Security Purchase Agreements dated August 31, 2015 & September 06, 2015 and approval of Special Resolution by the... Clarification sought from Jaiprakash Power Ventures Ltd
The Exchange has sought clarification from Jaiprakash Power Ventures Ltd with reference to the news reported in The Economic Times, 08/09/2015 - "JSW Energy to buy Bina Power for Rs.3.5K Cr." The reply is awaited. Updates on Scheme of Arrangement
Jaiprakash Power Ventures Ltd has informed BSE that consequent upon filing of the Scheme of Arrangement with the Registrar of Companies, Chandigarh on September 01, 2015, the said Scheme has since become effective. Accordingly, the businesses in relation to Company's Baspa-II Hydro Power Plant and Karcham Wangtoo Hydro Power Plant alongwith their assets, liabilities, rights, interests, obligations etc. stand transferred and vested in Himachal Baspa... AGM on Sept 12, 2015
Jaiprakash Power Ventures Ltd has informed BSE that the 20th Annual General Meeting (AGM) of the Company will be held on September 12, 2015. Fixes Book Closure for AGM (Cut-off date for e-voting)
Jaiprakash Power Ventures Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 05, 2015 to September 12, 2015 (both days inclusive) for the purpose of 20th Annual General Meeting (AGM) of the Company to be held on September 12, 2015.
Jaiprakash Power posts Rs 64.94 cr net profit in Q1
Total standalone income of the company stood at Rs 1,209.37 crore in April-June quarter of this fiscal Announces Q1 results & Limited Review Report for the Quarter ended June 30, 2015
Jaiprakash Power Ventures Ltd has announced the following Unaudited Standalone results for the quarter ended June 30, 2015 :The Company has posted a net profit of Rs. 649.40 million for the quarter ended June 30, 2015 where as the same was at Rs. 691.50 million for the quarter ended June 30, 2014. Total Income is Rs. 12694.80 million for the quarter ended June 30, 2015 where as the same was at Rs. 7981.60 million for the quarter ended June 30, 2014....