JSW Energy Raises Rs 5,000 Crore from Institutional Investors to Fuel Growth Plans – EQ
In Short – “JSW Energy secures Rs 5,000 crore from institutional investors to bolster its growth strategies, enabling the company to fuel expansion and capitalize on emerging opportunities in the energy sector In Detail – JSW Energy Limited has successfully secured Rs 5,000 crore through the sale of shares to institutional investors, including the Abu […]
JSW Energy to raise ₹5,000 crore via QIP; Details here – EQ
In Short – JSW Energy’s board approves raising Rs 5,000 crore through Qualified Institutional Placements (QIPs). This move signals the company’s strategy to secure funds for expansion and investment opportunities, reflecting confidence in its growth prospects and market demand. In Details – “The share placement could be done in one or more tranches at a […]
JSW acquires 45 MW green energy capacity from RIL -EQ
In Short : JSW has obtained 45 MW of green energy capacity from RIL, marking a significant acquisition in renewable resources. This move underscores the commitment to sustainable practices and strengthens the company’s position in the energy sector. In Detail : JSW Renewable Energy (Coated) Limited, a wholly-owned subsidiary of JSW Neo Energy Limited, has agreed […]
JSW Energy arm inks battery energy storage purchase pact – EQ
JSW Energy arm inks battery energy storage purchase pact In Short – JSW Energy’s subsidiary signs a significant agreement for the purchase of battery energy storage, marking a strategic move into the energy storage sector. This pact underscores JSW’s commitment to diversifying its energy portfolio and embracing innovative solutions to meet evolving energy demands. In […]
JSW Energy Wins 700 MW Solar Project from SJVN, Boosts Total Capacity to 11 GW – EQ
JSW Energy Wins 700 MW Solar Project from SJVN, Boosts Total Capacity to 11 GW In Short – JSW Energy secures a significant milestone by winning a 700 MW solar project from SJVN, augmenting its total capacity to 11 GW. This strategic move underscores JSW’s commitment to expanding its renewable energy portfolio and contributing to […]
JSW aims to produce EVs at affordable price: Sajjan Jindal – EQ
In short – Sajjan Jindal, the chairman of JSW Group, aims to manufacture electric vehicles (EVs) at an affordable price point. This commitment aligns with the growing demand for sustainable transportation solutions and the company’s vision for accessible electric mobility. In details – The Group intends to produce electric cars and commercial vehicles at the […]
JSW to invest Rs 1 lakh crore in Odisha, says Sajjan Jindal – EQ Mag
The JSW Group is committed to invest Rs 1 trillion in Odisha in various sectors, including for a mega greenfield steel plant project in Paradip, said its Chairman Sajjan Jindal here on Thursday Speaking at the ‘Make in Odisha’ conclave, Jindal said, “Before Covid, for nearly four years, we had committed to invest Rs 60,000 […]
JSW Cement signs MoU with Punjab Renewable Energy Systems to use agricultural waste as biomass – EQ Mag Pro
JSW Cement, part of US$ 13 billion JSW Group has signed a Memorandum of Understanding (MOU) with Punjab Renewable Energy Systems Pvt. Ltd (PRESPL) to use agricultural waste as biomass energy in its cement-manufacturing operations. “The circular economy principle is an integral part of our business model. Last year, we made a small beginning wherein […]
JSW Energy signs PPA with Haryana Power Purchase Centre to supply 240-megawatt hydro power – EQ Mag Pro
JSW Energy on Monday announced signing a power purchase agreement (PPA) with Haryana Power Purchase Centre (HPPC) for the supply of 240-megawatt hydro power. The agreement is valid for 35 years (with further extension at mutually agreed terms), and signed at a levelised ceiling tariff of Rs 4.50 per kWh (kilowatt-hour), JSW Energy said in […]