Indiabulls Power signs MOU with Jharkhand Government for 1320 MW power project

Indiabulls Real Estate Ltd has inform BSE that Indiabulls Power Services Limited (IPSL), a subsidiary of Indiabulls Real Estate Limited (the Company.) has entered into a Memorandum of Understanding (MoU) with the Government of Jharkhand for setting up of 1320 MW (2 x 660 MW) power project, in the State of Jharkhand.The stock was trading at Rs.384.70, down by Rs.13.70 or 3.44%. The stock hit an intraday high of Rs.399.80 and low of Rs.373.10.The total traded quantity was 502763 compared to 2 week average of 745613.