JK to foray into power generation business
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." Published under Cement News
