August 30, 2014 12:48 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of Jindal Power Limited

Company Overview

Jindal Power Limited, together with its subsidiaries, engages in generating and trading electric energy in India. The company primarily operates a thermal power project with installed generation capacity of 1,000 MW at Tamnar in Raigarh, Chhattisgarh. It is also developing a 2400 MW thermal power plant at Tamnar Chhattisgarh; a 1,320 MW coal-fired power plant at Dumka, Jharkhand; and a 660 MW coal fired power plant at Godda, Jharkhand, as well as 3 hydroelectric power projects with 6100 MW power generation capacity in the state of Arunachal Pradesh. In addition, the company has a 258 km, 400 kV double circuit transmission line from the plant to the Power Grid Corporation of India Limited net...

Jindal Centre

12, Bhikaji Cama Place

New Delhi,  110 066

India

Founded in 1995

818 Employees

Phone:

91 11 2618 8340

Fax:

91 11 2616 1271

Key Executives for Jindal Power Limited

Managing Director
Age: 63
President
Senior Vice President of Finance & Accounts
Age: 50
Chief Executive Officer of Hydro Projects
Age: 63
President of Hydro
Age: 63
Compensation as of Fiscal Year 2014.

Jindal Power Limited Key Developments

Jindal Power Limited, Board Meeting, Apr 28, 2014

Jindal Power Limited, Board Meeting, Apr 28, 2014. Agenda: To consider the sale of its entire share in Kamala Hydro Electric Power Company Ltd.

Jindal Power To Sell Kamala Hydro Project

Jindal Power Limited intends to sell its entire stake in the 1,800-MW Kamala hydro electric power project in Arunachal Pradesh. The stake to be sold has not been officially commented, however, the resolutions passed by its Board states the approval for the sale of its entire equity share in the Kamala project. “With respect to the 1,800-MW Kamala project, we have submitted expression of interest to SJVN Limited (NSEI:533206)," Jindal Steel & Power Ltd. (BSE:532286), parent of Jindal Power, spokesperson told Business Line. SJVN had sought expressions of interest in April from hydro power developers in Arunachal Pradesh for a partnership or a complete stake sale.

Jindal Power Limited Commissions the Second 600 MW Out of 4X600 MW Project at Tamnar in Raigarh, Chattisgarh

Jindal Power Limited announced that it has commissioned the second 600 MW out of 4X600 MW project at Tamnar in Raigarh district of Chattisgarh on March 30, 2014. The first unit of 600 MW out of the said 4X600 MW project was commissioned on March 14, 2014. JPL has also informed that 3rd unit of 600 MW is complete and ready for synchronization.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 9, 2013
Kineta Power Private Limited
 

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