In Short : JSW Energy’s Q4 FY25 net profit rose 16% year-on-year to ₹408 crore, driven by a 16% increase in revenue to ₹3,189 crore. The board approved a ₹10,000 crore fundraising plan and recommended a ₹2 per share dividend. Following the announcement, shares gained 2%, reflecting positive investor sentiment. In Detail : JSW Energy […]
JSW Energy Signs PHSPPA for 1,500 MW / 12,000 MWh PSP with UPPCL – EQ
Mumbai, India — JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited (“The Company”) has signed Pumped Hydro Storage Power Procurement Agreement (“PHSPPA”) with Uttar Pradesh Power Corporation Ltd. (“UPPCL”) for procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage. The PHSPPA is for supply of energy storage capacity […]
JSW Energy finalises ₹12K cr acquisition of O2 Power’s renewable platform – EQ
In Short : JSW Energy has finalized its ₹12,468 crore acquisition of O2 Power’s 4.7 GW renewable energy platform. The deal boosts JSW’s capacity to 12,212 MW, with 54% from renewables. The portfolio spans solar, wind, hybrid, and round-the-clock assets. This marks JSW’s largest acquisition yet and supports its goal of reaching 20 GW capacity […]
JSW Energy Nears 20 GW Target with Strategic Acquisitions, Accelerating Renewable Energy Expansion – EQ
In Short : JSW Energy is nearing its 20 GW capacity target by 2030 through strategic acquisitions in solar, wind, and hybrid projects. These deals bolster its renewable portfolio, aligning with India’s clean energy goals. The company aims for a 50:50 thermal-renewable mix, investing in energy storage and green hydrogen. JSW’s growth underscores its commitment […]
JSW Energy Strengthens Power Portfolio with KSK Mahanadi Acquisition Pending Regulatory Approvals – EQ
In Short : JSW Energy has received a Letter of Intent to acquire KSK Mahanadi Power’s 3,600 MW thermal plant in Chhattisgarh. The deal, approved by creditors, awaits clearance from the NCLT and CCI. With 1,800 MW operational and 1,800 MW under construction, the acquisition will strengthen JSW Energy’s power portfolio and support India’s growing […]
JSW Energy Signs 180 MW Wind PPA with Amazon – EQ
In Short : JSW Energy has signed a 180 MW wind power purchase agreement (PPA) with Amazon, marking a significant step in renewable energy collaboration. This deal supports Amazon’s sustainability goals while boosting JSW Energy’s clean energy portfolio. The partnership reinforces India’s transition to green power and highlights growing corporate interest in renewable energy investments. […]
JSW Energy to acquire KSK Mahanadi Power for Rs 15,985 crore – EQ
In Short : JSW Energy is set to acquire KSK Mahanadi Power for ₹15,985 crore, marking one of the significant deals in the Indian power sector. This acquisition will enhance JSW Energy’s capacity and strengthen its position in the energy market. The move aligns with the company’s strategy to expand its footprint in the thermal […]
JSW Energy completes acquisition of 125 MW renewables from Hetero group – EQ
In Short : JSW Neo Energy, a subsidiary of JSW Energy, has completed the acquisition of 125 MW of renewable energy assets from Hetero Labs and Hetero Drugs. The wind projects, located in Andhra Pradesh and Maharashtra, were acquired for ₹630 crore. This acquisition supports JSW Energy’s goal of expanding its renewable capacity to 10 […]
JSW Energy Achieves 20 GW of Locked-In Renewable Capacity – EQ
In Short : JSW Energy has achieved 20 GW of locked-in renewable energy capacity, marking a significant milestone in its clean energy transition. This achievement aligns with the company’s commitment to sustainability and expanding its green energy portfolio. The capacity includes solar, wind, and hydropower projects, reinforcing JSW Energy’s role in advancing India’s renewable energy […]
JSW Energy arm JSW Neo Energy gets Letter of Award from NTPC for 400 MW solar power project – EQ
In Short : JSW Energy’s subsidiary, JSW Neo Energy, secured a 400 MW solar power project from NTPC Renewable Energy Limited through a Letter of Award. This project strengthens JSW Energy’s focus on renewable energy expansion, aligning with India’s green energy goals. The initiative marks a significant step in boosting clean energy capacity and reducing […]