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Wednesday, August 18, 2010

Blackstone invest in Moser Baer Power Project

Moser Baer India shares jumped 11% intraday closing 6.66% up.  Blackstone has invested 300 million dollar.

Moser baer is company involved with making cd/DVD/Blue ray disks. It is also in Solar power and Entertainment business . Now it is entering thermal power with plans to setup around 4000 MW in thermal and 1000 MW in solar.

Deepak Puri and Ratul Puri, who are the promoters of Moser Baer India Ltd has founded  Moserbaer Projects.



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