VEDANTA - DEAL TO NEED MULTIPLE APPORVALS INCLUDING FIPB, COURT |  VEDANTA - TRANSACTION EXPECTED TO CLOSE IN Q1 OF CY2017
  NIFTY  8,541.20  0.37%
  SENSEX  27,803.20  0.33%
 CURRENCY  Rs  67.08/$ 73.64/€, 87.94/£
  GOLD  30,877.00  -0.41%
  SILVER  46,322.00  -0.64%
  DAX  10,147.50  -0.09%
  FTSE  6,730.48  0.46%
  CAC  4,381.10  0.10%
  HANG SENG  21,964.30  -0.16%
  NIKKEI  16,627.20  -1.09%
  Shanghai Composite  3,012.82  -0.52%
  DOW JONES  18,570.80  0.29%
  NASDAQ  5,100.16  0.52%
  S&P 500  2,175.03  0.46%

Rel Power Buys JP's Hydro Assets

Video:

Play this video

July 28: Barely two days after Abu Dhabi based energy major TAQA called off a Rs.9,689 crore deal with JP Associates, Anil Ambani owned Reliance Power has agreed to buy the hydropower assets of Jaiprakash Power Ventures for an undisclosed amount. The pact is a crucial step for JP Power when paring its debt, while for R-Power this acquisition will help in diversification. Watch as Mehak Kasbekar and Amritha Pillay shares a detailed report on the same.