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Jindal Power, a unit of India's Jindal Steel & Power Ltd, has submitted a 140 billion rupees ($1.69 billion) bid for a coal-based power plant .. ....
Jindal Power has submitted a bid for the distressed KSK Mahanadi project in Chhattisgarh, a coal-based power project that is being eyed by Adani Power and Vedanta Ltd. The 1,800-megawatt power project, built by KSK Energy Ventures, is one of many distressed coal-fired private power stations in insolvency proceedings. Jindal Power s unsolicited bid shows renewed interest in coal-based power plants in India as the country expects its peak demand to cross 260-gigawatts this year. ....
Jindal Steel & Power Denies It Agreed to Invest in Venezuela bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.