Jaiprakash Power Ventures Pays $75 Mn to HBPCL Bondholders

New Delhi: Jaiprakash Power Ventures Ltd on Monday said it has paid $75 million to bondholders on sale of securities of its arm Himachal Baspa Power Company Limited (HBPCL) to JSW Energy. "With reference to the earlier letter dated March 31, 2015...the Company had paid $50 million upto March 31, 2015 and now a further sum of $75 million has been paid to the bondholders upon sale of securities of company's subsidiary Himachal Baspa P...