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Construction : Deals | July 2014 | Source : Construction Update

Reliance Power to acquire Jaiprakash Power's hydro portfolio

Reliance Power Ltd, through its subsidiary Reliance Clean Gen Ltd is buys out the entire hydroelectric power portfolio of Jaiprakash Power Ltd. The deal comes on the back drop of Taqa led consortium backing out of the deal to buy two hydro plants of Jaiprakash Power.The deal size to be around Rs 150 billion.
 
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