SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Jaiprakash Power Ventures informs about business updates

28 Sep 2015 Evaluate

With reference to the earlier letter dated March 31, 2015, Jaiprakash Power Ventures has now informed that the Company had paid US $ 50 million up to March 31, 2015 and now a further sum of US $ 75 million has been paid to the Bondholders upon sale of securities of Company’s subsidiary Himachal Baspa Power Company Limited (HBPCL) to JSW Energy Limited. It needs to be mentioned that the Company’s Baspa-II and Karcham Wangtoo Hydro-Power Plants were transferred and vested with HBPCL, pursuant to sanction of Scheme of Arrangement by the Honble High Court of Himachal Pradesh at Shimla and such Scheme becoming effective on September 01, 2015. Consequent upon the aforesaid payments to Foreign Currency Convertible Bondholders, the total outstanding Bonds stood reduced to US $ 101,421,203.31. Interest (at the rate of 7% p.a.) on the said outstanding Bonds has been paid up to September 14, 2015.

The above information is a part of company’s filings submitted to BSE.

JP Power Ventures Share Price

19.20 0.14 (0.73%)
05-May-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 398.70
Tata Power 442.80
Adani Power 229.90
Power Grid Corp 319.30
Torrent Power 1733.40
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×