Diabytes
Jaiprakash Power News
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Among the companies that are said to have hired services of Avista include Videocon, GTL Infrastructure and Suzlon for restructuring of debt.
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Jaiprakash Power Ventures Ltd said it was likely to default on payments for convertible bonds worth $200 million due on Feb. 13 this year.
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The sale of Jaiprakash`s entire hydropower portfolio, which has an aggregate capacity of nearly 1,800 megawatts, would make Reliance the country`s largest private provider of hydroelectric power.
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