Jindal Power $1.6 bln IPO to hit by April - source
Jindal Power, a unit of Jindal Steel & Power Ltd, is likely to launch its 72-billion-rupee initial public offering by March or April, if market conditions are okay, a source with direct knowledge of the matter said on Monday.
Jindal Power had filed papers for the $1.6 billion IPO in December 2009, joining a raft of energy firms that have tapped the Indian stock market.
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