Chandrasekhar sees potential in water, power

Venture development managment and investment company Jupiter Capital is looking at business opportunities in utilities like water and electricity infrastructure.

Jupiter Capital is also developing Vijaydurg port in Maharashtra with an investment of Rs 1,500 crore. Rajeev Chandrasekhar, chairman and CEO, Jupiter Capital, said: "We are looking at developing more ports."

He added that Jupiter has no plans to tap the capital market soon. "We will not be listing any of our companies - at least, not in the short-term," Chandrasekhar said.

Jupiter Capital was started in 2005 after Chandrasekhar sold his stake in BPL Mobile to Essar group. Chandrasekhar said a listed company has to follow many rules and regulations, which he was not prepared to do with his firms.

Chandrasekhar said he has identified verticals that would yield rich dividends in a few years, but are not attractive now. Jupiter Capital has invested in infrastructure, media, technology, aviation, transportation and hospitality.