India: JSPL to sell stake in Jindal Power to Worldone for $402m

India: JSPL to sell stake in Jindal Power to Worldone for $402m

Photo: Pixabay

Jindal Power and Steel (JSPL) on Tuesday said its board has approved divesting its entire equity interest in Jindal Power to Worldone, a promoter group company, for Rs3,015 crore.