Jaiprakash Power Ventures Limited (JPPOWER.BO)
Jaiprakash Power Ventures Limited operates in the Independent Power Producers industry of the Utilities sector, headquartered in New Delhi, DE, IN. The stock last traded at $17.72, down 0.06% on the session, giving a market capitalisation of $121.38B. Its beta of 0.33 implies it has historically moved less than the broad market.
Jaiprakash Power Ventures Limited (JPVL) is an Indian enterprise primarily engaged in electricity generation and cement grinding. The company harnesses both thermal and hydroelectric energy sources. Its portfolio of key operational assets includes the 400 MW Jaypee Vishnuprayag hydroelectric facility in Chamoli, Uttarakhand; the 1320 MW Jaypee Nigrie thermal power station in Nigrie, Singrauli, Madhya Pradesh; and the 500 MW Jaypee Bina thermal plant in Sirchopi, Sagar, Madhya Pradesh. Beyond power, JPVL also operates the Jaypee Nigrie cement grinding unit, co-located in Nigrie, Singrauli, Madhya Pradesh, and conducts sand extraction activities in Andhra Pradesh. Furthermore, the company manages a coal mine in Amelia, Madhya Pradesh. Established in 1994, it was originally known as Jaiprakash Hydro-Power Limited, adopting its current name, Jaiprakash Power Ventures Limited, in December 2009. Its corporate headquarters are situated in New Delhi, India.
Jaiprakash Power Ventures Limited is most often compared with the following Utilities names: