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 […]
India Ratings upgrades JSW Energy’s credit rating to AA stable – EQ Mag Pro
JSW Energy on Monday said that India Ratings has upgraded its long-term credit rating to IND AA (stable) from IND AA- (stable). ”Long-term credit rating of JSW Energy Ltd has been upgraded to IND AA (stable) from IND AA- (stable) by India Ratings Pvt Ltd, the wholly-owned Indian subsidiary of Fitch Ratings,” the company said […]
JSW Hydro Energy Raises $707 mn From Green Bond Sale
JSW Hydro Energy successfully raised USD 707 million in a green bond sale to international investors, as per merchant bankers New Delhi: JSW Hydro Energy, an arm of JSW Energy, has raised USD 707 million (about Rs 5,200 crore) from an international green bond issue that was oversubscribed by over four times, merchant bankers said […]
Moody’s, Fitch Assign Stable Outlook to JSW Hydro’s Proposed Senior Notes
JSWH owns and operates two run-of-river hydropower projects — the 300-megawatt Baspa II plant and the 1,000 MW Karcham Wangtoo plant in Himachal Pradesh. Singapore: Moody’s Investors Service has assigned a provisional Ba1 rating to the proposed 10-year USD senior secured notes to be issued by JSW Hydro Energy Ltd. It said the outlook is […]
JSW Hydro Energy to Issue USD Denominated Notes to Raise Funds
JSW Energy announced on May 4, 2021 that its arm JSW Hydro Energy will issue USD denominated notes or green bonds in the overseas market to raise funds. The company hasn’t shared any information about the amount of money to be raised under the issue which is a part of a total notes program of […]
JSW Hydro Energy to Issue Dollar-Denominated Notes to Raise Funds
This issue is part of a total notes programme of USD 750 million of JSW Hydro Energy, which was approved by the board of JSW Hydro Energy on March 26, 2021. NEW DELHI: JSW Energy on Tuesday said its arm JSW Hydro Energy will issue USD-denominated notes (green bonds) in overseas markets to raise funds. […]
JSW Renew Energy Signs PPA with SECI for 540 MW Blended Wind Power Project
JSW Renew Energy, wholly owned subsidiary of JSW Future Energy has signed a Power Purchase Agreement with Solar Energy Corporation of India (SECI) for the Contracted Capacity of 540 MW out of total awarded capacity of 810 MW. This is the single largest PPA for wind/blended wind category in the Industry, and marks the foray […]
JSW Energy plans $1 billion overseas bond issue for clean energy biz
The company will likely use the proceeds to fund the acquisition of solar projects in South India and to refinance high-cost rupee debt. Mumbai: Sajjan Jindal-controlled JSW Energy is planning to raise up to $1 billion in a maiden dollar bond sale, seeking to catch up with rivals such as Adani and the Tatas in […]
Grapevine: JSW, others circle Jhabua; LGT-Aspada platform may invest in AMP Energy
Avantha Group’s Jhabua Power, which is undergoing insolvency proceedings, has received expressions of interest from JSW, Adani Power, NTPC Ltd and Tata Power-backed Resurgent Power, people in the know told The Economic Times. Expressions of interest were also received from a few Singapore-based distressed asset investors and some local asset reconstruction companies, along with Vedanta […]
Jindal, JSW, Essar, Korba West to supply 1,000 MW power under Pilot Scheme-II to 3 states
Under Pilot Scheme-II of Ministry of Power, Jindal Power would supply 315 MW, followed by Korba West Power Company (295 MW), JSW Energy (290 MW), Essar Power M P Ltd (100 MW). New Delhi: Four power producers, including Jindal Power and JSW Energy, are set to supply 1,000 MW power collectively to three south Indian […]