Jaiprakash Power Ventures

India

Activity by year

201820192020202120222023202420252026

Acquisition

Announcements · 3

May 9, 2021ACQUISITIONHimachal Pradesh, India$48.0M
PGCIL to acquire 74% stake in Jaypee Powergrid for Rs 351.64 crore
Power Grid Corporation of India Limited signed an agreement with Jaiprakash Power Ventures Limited to acquire a 74% stake in Jaypee Powergrid Limited for Rs 351.64 crore. Jaypee Powergrid operates a 214 km EHV power transmission project in Himachal Pradesh.
Power Grid Corporation of India acquirer Jaiprakash Power Ventures target Jaypee Powergrid target #Power Generation Equipment projectxindia.com
Mar 20, 2021ACQUISITIONIndia$47.0M
PGCIL to acquire 74% stake in Jaypee Powergrid for Rs351.64 crore
Power Grid Corporation of India Ltd (PGCIL) signed an agreement to acquire a 74% stake in Jaypee Powergrid Ltd from Jaiprakash Power Ventures Ltd for Rs351.64 crore, making it a wholly-owned subsidiary.
Power Grid Corporation of India acquirer Jaiprakash Power Ventures target Jaypee Powergrid target #Power Generation Equipment livemint.com
Nov 15, 2018ACQUISITIONBara tehsil, Allahabad district, Uttar Pradesh, India$1.66B
Resurgent Power to buy 75% stake in Prayagraj thermal power project
Resurgent Power, a JV backed by Tata Power, signed a share purchase agreement to acquire a 75% stake in Prayagraj Power Generation, which operates the 1.9 GW Bara Thermal Power Project in Uttar Pradesh, India. The transaction is valued at an enterprise level of INR 120 billion ($1.66 billion).
Tata Power investor Prayagraj Power Generation Company target Resurgent Power acquirer Jaiprakash Power Ventures target #Power Generation Equipment nsenergybusiness.com

Dealingsⓘ

Acquired by

Power Grid Corporation of India2× · 2021
Resurgent Power2018

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