Jindal Power Limited, together with its subsidiaries, engages in generating and trading electric energy in India. The company primarily operates a thermal power project with installed generation capacity of 1,000 MW at Tamnar in Raigarh, Chhattisgarh. It is also developing a 2400 MW thermal power plant at Tamnar Chhattisgarh; a 1,320 MW coal-fired power plant at Dumka, Jharkhand; and a 660 MW coal fired power plant at Godda, Jharkhand, as well as 3 hydroelectric power projects with 6100 MW power generation capacity in the state of Arunachal Pradesh. In addition, the company has a 258 km, 400 kV double circuit transmission line from the plant to the Power Grid Corporation of India Limited net...
12, Bhikaji Cama Place
New Delhi, 110 066
Founded in 1995
Jindal Power Limited Announces Earnings and Production Results for the Fourth Quarter and Year Ended March 31, 2015
May 27 15
Jindal Power Limited announced earnings and production results for the fourth quarter and year ended March 31, 2015. For the quarter, the company reported turnover of INR 7,740 million against INR 5,390 million a year ago. EBITDA was INR 3,350 million against INR 2,800 million a year ago. Profit before tax and exceptional items were INR 2,130 million against INR 2,750 million a year ago. PBT was INR 1,780 million against INR 2,750 million a year ago. Profit after tax was INR 970 million against INR 2,180 million a year ago. Cash profit was INR 3,130 million against INR 2,990 million a year ago.
For the quarter, the company generated PLF-4X250 MW was 82% against 85% a year ago. PLF-3X600 MW was 24%.
For the year, the company reported turnover of INR 32,280 million against INR 24,570 million a year ago. EBITDA was INR 16,530 million against INR 15,110 million a year ago. Profit before tax and exceptional items were INR 11,060 million against INR 14,070 million a year ago. PBT was INR 20 million against INR 14,070 million a year ago. Loss after tax was INR 1,710 million against profit after tax of INR 11,070 million a year ago. Cash profit was INR 5,430 million against INR 14,110 million a year ago.
For the year, the company generated PLF-4X250 MW was 93% against 94% a year ago. PLF-3X600 MW was 21%.
Government of India Considering Bids for Gare Palma Coal Blocks
Apr 13 15
The Ministry of Coal, Government of India, is considering the bids for Gare Palma-IV/2&3 coal blocks by Adani Power Maharashtra Limited, Jindal Power Limited and GMR Chhattisgarh Energy Private Limited, people close to the developments said. Adani Power and GMR Chhattisgarh had pulled out of the bidding process after putting only one negative bid each.
NTPC Remains The Sole Contender For Bidding Process For Two Ultra-Mega Power Projects
Oct 16 14
All private companies have walked out of the bidding process for two ultra-mega power projects in Odisha and Tamil Nadu, leaving state-run generation utility NTPC Ltd. (BSE:532555) as the sole contender for the plants. Adani Power Limited (BSE:533096), Jindal Power Limited, Sterlite Technologies Limited (BSE:532374) and GMR Infrastructure Limited (BSE:532754) have written to PFC Consulting, the agency advising the government on the projects, saying they were pulling out of the bidding process as the terms were too stringent for viability.