Worldone to acquire Jindal Power from Jindal Steel and Power for $402m.

Worldone agreed to acquire Jindal Power, a power generation company, from Jindal Steel and Power, an Indian steel and energy company, for $402m. "This divestment is in line with our ESG objectives to be amongst the top 10 lowest CO2 emitting steel companies of the world. It is yet another step towards our vision to reduce debt substantially and create a robust balance sheet for our investors and stakeholders," V R Sharma, JSPL Managing Director.