Jaiprakash Power Ventures has dropped plans to hive off Bapsa II and Karcham Wangtoo hydro power plants into two separate, wholly-owned subsidiaries. Earlier, the company had entered into a Memorandum of Understanding (MOU) on July 27, 2014 with Reliance CleanGen (RCL), a 100% subsidiary of Reliance Power for divestment of three Hydro Power Plants namely - Baspa-II, Vishnuprayag and Karcham Wangtoo. However, the exclusivity of the MOU with Reliance Power ends on September 25, 2014.
Jaiprakash Power Ventures is part of India’s leading Infrastructure conglomerate - Jaypee Group. Currently the company operates the largest hydroelectric power plant in the private sector in India. Its power projects which are in different stages of implementation include Hydro, Thermal and Transmission.
| Company Name | CMP |
|---|---|
| NTPC | 400.45 |
| Tata Power | 439.20 |
| Adani Power | 230.15 |
| Power Grid Corp | 313.90 |
| Torrent Power | 1712.20 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: