Tag: Jindal Power Limited

JSPL to sell Jindal Power to reduce emissions, debt

JSPL announced that it has agreed to divest 96.42% stake in Jindal Power Limited to Worldone Private Limited. The divestment is in line with JSPL’s strategic objective to continuously reduce its debt, focus on its India Steel business and significantly reduce its carbon footprint by almost half as part of its ESG objectives, the statement…