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Jaypee Greens Wishtown, Noida

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Jaypee Greens Wishtown, Noida

Last updated: 3 weeks ago
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  • Re : Jaypee Greens Wishtown, Noida

    Originally posted by rahulchawla5 View Post
    That was for 1791M and this deal is of only 1300M watt....so considering that they are bang on
    ..

    Sent from my XT1022 using Indian Real Estate Forum mobile app
    Yes correct - this is for 2 plants - 100% capacity only. Valuation looks fine

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    • Re : Jaypee Greens Wishtown, Noida

      It just seems to be kind of agreement to sell signed between them. Typical corporate press release. Unless there is a news of financial closure, and there is a news that the resources employed in wish town are doubled, there is nothing to celebrate
      Originally posted by dineshsays View Post
      Yes correct - this is for 2 plants - 100% capacity only. Valuation looks fine

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      • Re : Jaypee Greens Wishtown, Noida

        Quite a few news channels are reporting this now. JSW has also issued a formal statement in this regard - you can google the same now

        "JSW Energy has agreed to acquire from Jaiprakash Power Ventures and other shareholders, 100 per cent stake in Himachal Baspa Power company for a base enterprise value of Rs 9,700 crore," JSW Energy said in a statement.

        The board of directors of Jaiprakash Power has approved the transfer of 300 MW of Baspa II hydro-electric project and 1,091 MW Karcham Wangtoo hydro project into a separate company -- Himachal Baspa Power company, it added."

        http://m.economictimes.com/articleshow/45166183.cms

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        • Re : Jaypee Greens Wishtown, Noida

          As far as celebrating - well it doesnt take a genius to realise it is meaningless unless diverted to WT and if you read my earlier post it says that exactly. Infact celebrations will come only on possession. But doesnt mean we cant share positive developments right.

          The fact that money is atleast there (seemingly) after quite a few months is much better news than not being able to sell at all and hv no money to construct in anycase. Would you disagree?
          Last edited November 16 2014, 06:44 PM.

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          • Re : Jaypee Greens Wishtown, Noida

            Originally posted by dineshsays View Post
            Yes correct - this is for 2 plants - 100% capacity only. Valuation looks fine
            I hope jaypee utilizes few crores to solve the tight liquidity situation in jaypee infra rather than full payment in debt.

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            • Re : Jaypee Greens Wishtown, Noida

              http://www.livemint.com/Companies/Xo...rore-in-Q.html
              Venky (Please read watch a or before posting)

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              • Re : Jaypee Greens Wishtown, Noida

                Yup Venky - finance costs high. Obviously the pain starting to reflect in servicing the debt. I think the sale therefore is very important. BTW did you notice JP Infra made better net profit than last year

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                • Re : Jaypee Greens Wishtown, Noida

                  Well as far as my understanding goes, there is a difference between "acquired" and "agreed to acquire". The entire statement is laced with words such as " subsequent to scheme of arrangement", "subject to terms and conditions", " proposed" etc. So therefore there is no difference between this so called agreement and previous announcement with reliance. Of course valuation is a big ticket item but the fact that the entire deal is subject to terms and conditions. It simply means that lot of haggling still has to go on between the two parties.

                  I will be happy if sight the money in these news report. But my reading of these reports is that there is just not enough assurance that money will come into the company. Just one of those press releases that we read daily in newspaper.

                  In my experience, until we see a headline "JSW acquires..." instead of "JSW agrees to acquire...", its not even worth discussing

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                  • Re : Jaypee Greens Wishtown, Noida

                    Lets agree to disagree then. By that parallel no point discussing the process, only the result.

                    Lets close all threads and reopen them after possession is offered.

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                    • Re : Jaypee Greens Wishtown, Noida

                      No need to get worked up. I have a point of view I am airing that.
                      By the way your judgment is completely erroneous. Which parallel are you talking about? Please enlighten us if you know more facts than quoting these paid press releases than just being condescending and judgmental. Or if you have such a dislike to an alternate point of view to your posts, its better you post on possession only.

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