PVP Ventures plans big investments in power

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Updated: 19/08/2008 | 12:00 AM IST

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Tuesday, August 19, 2008 (New Delhi)

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To merge Malaxmi Energy Ventures

PVP Ventures is set for major investments in the power sector with the proposed merger of Malaxmi Energy Ventures with itself. According to information provided by the company to the stock exchanges, the PVP Ventures' board will consider and accept the valuation report for the merger by PricewaterhouseCoopers on Wednesday.

The company made this announcement during the trading hours today, 19 August 2008.