Jindal Power IPO to be launched by end-Dec: Official

Jindal Power, a unit of Jindal Steel & Power Ltd , is likely to launch its initial public offering by the end of this month, executive director of the parent company, O.P. Jha, said on Monday.

Jindal Power had filed papers for the 72-billion rupee ($1.6 billion) initial public offer in December last year, joining a raft of energy firms that have tapped the Indian stock market.