{"id":352390,"date":"2020-05-21T10:58:22","date_gmt":"2020-05-21T05:28:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=352390"},"modified":"2020-05-21T11:18:12","modified_gmt":"2020-05-21T05:48:12","slug":"jsw-energy-puts-gmr-kamalanga-buy-on-hold","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jsw-energy-puts-gmr-kamalanga-buy-on-hold\/","title":{"rendered":"JSW Energy puts GMR Kamalanga buy on hold"},"content":{"rendered":"<p>Sajjan Jindal-backed JSW Energy has put its GMR Kamalanga acquisition on hold as a result of Covid-19 related uncertainties. <\/p>\n<p>\u201cThe transaction has been put on hold given the ongoing uncertainty and will be revisited once the situation normalises,\u201d the company said in a statement to the exchanges. <\/p>\n<p>JSW Energy, in October, had announced the acquisition of GMR Kamalanga Energy Ltd for \u20b95,321 crore. It had said the deal would increase its power generation capacity at a time when energy requirements were on the rise. GMR Kamalanga is a subsidiary of GMR Energy Ltd and operates a 1,050-MW thermal power plant in Odisha.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sajjan Jindal-backed JSW Energy has put its GMR Kamalanga acquisition on hold as a result of Covid-19 related uncertainties. \u201cThe transaction has been put on hold given the ongoing uncertainty and will be revisited once the situation normalises,\u201d the company said in a statement to the exchanges. JSW Energy, in October, had announced the acquisition of GMR Kamalanga Energy Ltd for \u20b95,321 crore. It had said the deal would increase its power generation capacity at a time when energy requirements were on the rise. GMR Kamalanga is a subsidiary of GMR Energy Ltd and operates a 1,050-MW thermal power plant [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-352390","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/352390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=352390"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/352390\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=352390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=352390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=352390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}