In Short – JSW Energy secures Rs. 500 million in funding, bolstering its financial position and affirming investor confidence in its growth prospects, fueling further expansion and innovation in the energy sector. In Details – JSW Energy, a leading player in the Indian energy sector, has successfully raised Rs.500 million by selling shares to […]
JSW Energy arm signs pact with Reliance Power to acquire 45 MW wind project for Rs 132 cr – EQ
In Short : A subsidiary of JSW Energy has entered into an agreement with Reliance Power to acquire a 45 MW wind project for Rs 132 crore. In Detail : ‘Reliance Power signs sale agreement with JSW Renewable Energy for the sale of its 45 MW wind power project in Vashpet, Maharashtra, for a consideration […]
JSW Energy arm gets 700 MW project from SECI – EQ
In Short : A subsidiary of JSW Energy has been awarded a 700 MW project by SECI (Solar Energy Corporation of India), marking a significant expansion of JSW Energy’s renewable energy portfolio. In Detail : JSW Neo Energy, a wholly owned subsidiary of JSW Energy has received a letter of award (LoA) for ISTS-connected solar […]
JSW Energy Secures 700MW Solar Project – EQ
In Short : JSW Energy has secured a 700 MW solar project, marking a significant expansion in its renewable energy portfolio. This acquisition aligns with JSW Energy’s strategic goals in enhancing its presence in the solar energy sector and contributing to India’s clean energy transition. In Detail : The project is part of a plan […]
JSW Energy arm bags wind power project from SECI – EQ
JSW Energy said that its wholly owned subsidiary, JSW Neo Energy has received Letter of Awards (LoA) for a wind capacity of 500 MW from Solar Energy Corporation of India (SECI) for setting up wind power project. The company will set up 1,350 MW wind power project (tranche XVI). As per the construct of the […]
JSW Energy to Ramp Up Efforts to Achieve 9.8 GW by FY25 – EQ Mag
JSW Energy has stepped up plans to achieve a power capacity of 9.8 GW by FY25, and is well on track to meet this target. Further, to augment power generation, the power producing company has plans to implement projects in pumped storage hydropower and battery storage (40 GW), as well as aspires to build capacities […]
JSW Energy Reports Over 48% Decline in Net Profit to Rs 290 Crore in Q1 – EQ Mag
JSW Energy said short-term sales were lower in the quarter under review due to an unfavourable base effect from the last financial year Sajjan-Jindal promoted JSW Energy on Friday reported a 48 per cent decline in its consolidated net profit, owing to weakness in its hydro energy, short-term sales, and coal segments, along with charges […]
JSW Energy Q4 Results: Net profit plunges 68% YoY at Rs 282.03 crore on higher operational cost – EQ Mag
JSW Energy’s Q4 net profit was down 67.86% to Rs 282.03 crore. JSW Energy Ltd.’s profit for the fourth quarter of fiscal 2023 declined by more than half, on lower margin and higher operational cost. Net profit for the fourth quarter ended March 2023 was down 67.86% to Rs 282.03 crore, according to its exchange […]
JSW Energy arm commissions 51 MW wind project in Tamil Nadu – EQ Mag
JSW Energy on Friday announced the commissioning of a 51-megawatt (MW) wind energy project in Tamil Nadu by one of its step-down subsidiaries. “JSW Renew Energy Two Limited has commissioned 51 MW of wind power capacity under phase-wise commissioning of 450 MW ISTS-connected wind power project awarded under SECI tranche X in Tamil Nadu,” JSW […]
JSW Energy acquires 1,753 MW green assets of MEIPL for over Rs 10,000 crore – EQ Mag
JSW Energy said that it has finished paying over Rs 10,000 crore to Mytrah Energy (India) Private Limited (MEIPL) for 1,753 Megawatt of renewable energy assets. After taking into account net current assets and other adjustments made pursuant to the share purchase agreements, the deal values the Mytrah Energy portfolio at an enterprise valuation of […]