{"id":645123,"date":"2025-09-06T09:38:46","date_gmt":"2025-09-06T04:08:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=645123"},"modified":"2025-09-06T10:50:06","modified_gmt":"2025-09-06T05:20:06","slug":"race-for-investment-in-jp-power-ahead-of-parent-auction-today","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/race-for-investment-in-jp-power-ahead-of-parent-auction-today\/","title":{"rendered":"Race for investment in JP Power ahead of parent auction today"},"content":{"rendered":"<p>Marquee corporates Adani Power, Kotak Alternate Assets, Vedanta and Oaktree are among the players to bid for an investment in JP Power&#8217;s compulsorily convertible preference shares (CCPS) worth \u20b93,800 crore ahead of Friday&#8217;s electronic auction for its parent company Jaiprakash Associates, according to multiple people aware of the matter.<\/p>\n<p>The winning bidder for JP Power&#8217;s CCPS could have an advantage in the bidding process for Jaiprakash Associates because the power arm has valuable assets and linkages to the parent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marquee corporates Adani Power, Kotak Alternate Assets, Vedanta and Oaktree are among the players to bid for an investment in JP Power&#8217;s compulsorily convertible preference shares (CCPS) worth \u20b93,800 crore ahead of Friday&#8217;s electronic auction for its parent company Jaiprakash Associates, according to multiple people aware of the matter. The winning bidder for JP Power&#8217;s CCPS could have an advantage in the bidding process for Jaiprakash Associates because the power arm has valuable assets and linkages to the parent.<\/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":[130,239,136],"tags":[],"class_list":["post-645123","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/645123","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=645123"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/645123\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=645123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=645123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=645123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}