Barclays Bank is currently managing the sale after an earlier deal with private equity firm KKR fell through NEW DELHI : Singapore’s Sembcorp Industries Ltd, Enfinity Global Inc. and JSW Group have been shortlisted to acquire green energy producer Mytrah Energy India Pvt. Ltd in a deal potentially worth around $2 billion in enterprise value, […]
JSW Group to pay up to ₹3 lakh incentive for employees to buy EV – EQ Mag Pro
EV policy will come into force from January In a first of its kind initiative, JSW Group has unveiled a green initiative —JSW Electric Vehicle — for its employees across India. The new policy will facilitate up to ₹3 lakh incentive for employees to purchase electric vehicles — four- and two-wheelers. The EV policy will […]
JSW Group launches employee-friendly electric vehicle policy across country – EQ Mag Pro
Company will give financial incentives, free-of-cost dedicated charging stations and parking slots at its plants. The JSW Group will facilitate up to Rs 3 lakhs as incentive for its employees to purchase electric four- and two-wheelers, seeking to help India’s Nationally Determined Contributions (NDCs) and Sustainable Development Scenarios (SDS) of the International Energy Agency (IEA). […]
COVID-19 Funds: JSW Group commits Rs 100 crore; employees to contribute a day’s salary
JSW Group has committed Rs 100 crore to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM-CARES Fund) to fight the novel coronavirus (Covid-19) crisis in the country. Sajjan Jindal, Chairman, JSW Group, said that the group was continuously evaluating the situation and was committed to assist the government in all ways […]
JSW Energy scraps electric vehicles business plans
JSW Energy Ltd has brought down the curtains on its dreams to roll out its first electric vehicle by 2020, one-and-half years after it had announced plans to enter the market by investing millions of dollars. The company, which is part of the JSW Group, on Friday said in a filing to the stock exchanges […]
JSW Group abandons EV plan
JSW Group has abandoned its plans of entering the electric vehicles space owing to the high risks involved, the company said in a regulatory filing. MUMBAI: More than 18 months after announcing its intentions to enter the electric vehicles manufacturing space, Sajjan Jindal-led JSW Energy has abandoned this plan owing to high uncertainties associated with […]
JSW Energy scraps electric vehicles business plans
JSW Energy Ltd has brought down the curtains on its dreams to roll out its first electric vehicle by 2020, one-and-half years after it had announced plans to enter the market by investing millions of dollars. The company, which is part of the JSW Group, on Friday said in a filing to the stock exchanges […]