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| Exchange Disseminated Time | Jaiprakash Power Ventures Ltd has informed BSE that the Company has entered into a Memorandum of Understanding (MOU) on July 27, 2014 with Reliance CleanGen Limited (RCL), a 100% subsidiary of Reliance Power Limited for divestment of three Hydro Power Plants namely: Baspa-II, Vishnuprayag and Karcham Wangtoo.
In this regard, the Company has submitted to BSE a copy of the Media Release, titled "Reliance Power signs exclusive memorandum of understanding to acquire 100% of entire Hydro Power Portfolio of Jaiprakash Power Ventures". |
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