Announcement

Monday, July 5, 2010

Monnet Power plans IPO in 3 years

To fund its 2,000 MW power generation project, Monnet Power plans to collect around INR 2,500 crore by selling shares in a public offer within the next three years.

Mr Sandeep Jajodia chairman of Monnet Power said that the new project is expected to absorb investments of INR 9,000 crore and

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