JK to foray into power generation business

JK to foray into power generation business
Published: 11 April 2011

Delhi-based JK Organisation has decided to invest INR15,000 crore over the next four years, including INR7000 crore for a foray into the power generation business. The company has interests in tyre, cement and paper businesses. 


While growing existing business, the group has chalked out a new strategy for power generation. "We will start with a 660MW thermal power plant in Madhya Pradesh. This would require investments of roughly INR7000 crore and we have already started work on the project."