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BALLARPUR INDUSTRIES LTD. - Updates
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24 Nov 2014
Ballarpur Industries Ltd has informed BSE that the Company and its step down subsidiary, Bilt Graphic Paper Products Limited are equity shareholders of Avantha Power and Infrastructure Limited (APIL). Korba West Power Company Limited (KWPCL) is a subsidiary of APIL.&lt;br/&gt;&lt;br/&gt;Further the Company has informed that, APIL has signed a Memorandum of Understanding with Adani Power Limited for sale of its entire shareholding in KWPCL. KWPCL has a commissioned coal based thermal power plant of 600 MW and is valued in excess of Rs. 4,200 Crores. APIL is company promoted by Avantha Holdings Limited, Crompton Greaves Limited and the Company.
View all announcements for BALLARPUR INDUSTRIES LTD. Source: BSE India