{"id":1098,"date":"2025-09-04T18:02:35","date_gmt":"2025-09-04T18:02:35","guid":{"rendered":"http:\/\/www.inter-book.com\/?p=1098"},"modified":"2025-09-08T18:24:17","modified_gmt":"2025-09-08T18:24:17","slug":"race-for-investment-in-jp-power-ahead-of-parent-auction-today","status":"publish","type":"post","link":"http:\/\/www.inter-book.com\/index.php\/2025\/09\/04\/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":"
Adani Power, Kotak Alternate Assets, Vedanta, and Oaktree are vying for JP Power’s \u20b93,800 crore CCPS, potentially gaining a 25% stake and triggering an open offer for a controlling share. This move could give the winning bidder an edge in acquiring parent company Jaiprakash Associates, which is up for auction with a base price of \u20b912,000 crore. <\/p>\n","protected":false},"excerpt":{"rendered":"
Adani Power, Kotak Alternate Assets, Vedanta, and Oaktree are vying for JP Power’s \u20b93,800 crore CCPS, potentially gaining a 25% stake and triggering an open offer for a controlling share.<\/p>\n