Jaiprakash Power Ventures Limited (JPPOWER.NS)
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 $17.75, up 0.11% on the session, giving a market capitalisation of $121.65B. Its beta of 0.33 implies it has historically moved less than the broad market.
Jaiprakash Power Ventures Limited is an Indian enterprise primarily involved in the generation of electricity and the production of cement. The company sources its power from both hydroelectric and thermal energy facilities. Its portfolio of operational assets includes the 400-megawatt (MW) Jaypee Vishnuprayag hydro power plant in Chamoli, Uttarakhand, alongside two thermal power stations in Madhya Pradesh: the 1320 MW Jaypee Nigrie plant in Nigrie, Singrauli, and the 500 MW Jaypee Bina plant near Sirchopi, Sagar. Complementing its power operations, Jaiprakash Power Ventures also runs the Jaypee Nigri cement grinding unit, located in Nigrie, Singrauli, Madhya Pradesh, and manages a coal mine in Amelia, Madhya Pradesh. The company, which was incorporated in 1994 and is headquartered in New Delhi, India, changed its name from Jaiprakash Hydro-Power Limited to its present form in December 2009.
Jaiprakash Power Ventures Limited is most often compared with the following Utilities names: