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Cement | September 12, 2013
#38885

Jaypee to dispose off a few power, cement assets

To trim its debt, Jaypee Group is expected to sell some of its power and cement assets. The company is likely to sell equity in two of its hydro power projects and is in discussion with some players, sources said. Reports say that gross debt of Jaypee Group stood around Rs 64,000 crore as on March 31, 2013.


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