Jindal Poly Films Ltd has informed that the Board of Directors of the Company at its meeting held on December 16, 2008, has approved an investment upto Rs 606.00 crore (including premium, if any) in one or more tranches in the form of subscription of Equity shares of Hindustan Thermal Power Generation Ltd, (HTPGL) which is the wholly owned subsidiary of the Company. HTPGL propose to setup a 3000 MW Power Project in Orissa, which is being implemented in 2 (two) phases (1800 MW and 1200 MW).
Thursday, December 18, 2008
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