Indiabulls Power Services will establish a 1,320 MW power project in Jharkhand, with government support for resources and power purchase.
Indiabulls Power wins bid for 1,600-mw Chhattisgarh power project, beating Sterlite and GMR. The Rs 8,000 crore pit-head project includes a coal block and allows for merchant sale of 35% of power produced.