The move signals the company's intent to diversify into renewable energy while leveraging its existing infrastructure at the Bina site.
Jaiprakash Power Ventures is engaged in the business of thermal and hydro power generation, coal mining and cement grinding.
On a consolidated basis, the company's net profit fell 20.20% to Rs 278.13 crore on 9.78% decline in net sales to Rs 1,583.16 crore in Q1 June 2025 over Q1 June 2024.
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