JSW Energy's expansion through acquisitions was part of its plan to increase its power generation capacity to 10,000 MW by 2020. It operates thermal and hydro power plants with a total capacity of 4,531 MW, according to its website.
Also, being a part of a strong group (JSW), the company has a strong financial flexibility. Experienced promoters in setting up and operating thermal power plants: JSWEL is the holding company for JSW group's power business and has around two decades of experience in the sector. As of March 31, 2018, JSW …
JSW Energy Limited (JSWEL), the energy arm of the JSW Group, is one of the leading private players in the power sector. Established in 1994, the company has projects across the generation, transmission, manufacturing and trading segments.
In July, 2016, JSW Energy had informed BSE about the company agreeing to acquire the 500 MW (2x250 MW) thermal power plant located at Bina, District Sagar in Madhya Pradesh from Jaiprakash Power Ventures Ltd (JPVL) at at base enterprise value of Rs 2,700 crore.
This presentation has been prepared by JSW Energy Limited (the "Company") based upon information available in the public domain solely for information purposes without regard to any specific objectives, financial situations or informational needs of any particular person.
JSW Energy to acquire JSPL's 1,000-MW plant for ₹6,500 cr. JSW Energy plans to acquire Jindal Steel and Power's (JSPL) 1,000-MW thermal power plant at Raigarh in Chhattisgarh for up to ₹6,500 crore, subject to conditions.
Power producer JSW Energy has decided not to go ahead with the proposed acquisition of the 500 megawatt Bina Thermal Power Plant from Jaiprakash Power Ventures, the company said in a filing to the stock exchanges on Monday.
The buyout by JSW comes close on the heels of its acquisition of Jaiprakash's 1,391 mw hydro-power plants. JSW is also said to be in talks to acquire Jaiprakash's 500 mw thermal power plant in Madhya Pradesh and Monnet Ispat & Energy Ltd's 1,050 mw power plant in Odisha.
Aug 03, 2017· JSW is considering new ventures including energy storage and rooftop solar projects, Jain said. JSW has already acquired Jaiprakash's two hydro-power plants with a combined 1,391 megawatt capacity.
JSW Energy plans to acquire Jindal Steel & Power s (JSPL) Chhattisgarh power plant for Rs 6,500 crore. The company has executed documents to acquire from JSPL and other shareholders, 100 per cent stake in Everbest Steel and Mining Holdings Limited.
JSW Energy Ltd has completed the acquisition of two hydro electric projects in Himachal Pradesh from Jaiprakash Power Ventures Ltd, at an enterprise value of Rs 9,275 crore ($1.4 billion) with additional milestone linked payments of up to Rs 300 crore by 2020, the company said on Tuesday.
In a joint statement on Thursday, JSW Energy and Jaypee Group announced they had signed a memorandum of understanding for three operating plants - the 300-Mw Baspa stage-II plant, the 1,091-Mw Karcham Wangtoo plant (both hydro power plants) and the 500-Mw Bina thermal power plant.