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JSW Energy raises Rs 500 crore through NCDs

02 Jan 2017 Evaluate

JSW Energy, one of the few power companies in India, has raised Rs 500 crore through issuance of redeemable non-convertible debentures (NCDs) on private placement basis. The fund raised would be used for business operations, various capex requirement, repayment/ prepayment of existing debt and general corporate purposes.

JSW Energy, part of the JSW Group, is a growing energy company. The Group has diversified interests in carbon steel, power, mining, industrial gases, port facilities, aluminium, cement and information technology.

Peers
Company Name CMP
NTPC 327.00
Tata Power 366.85
Adani Power 207.00
Power Grid Corpn. 266.00
Adani Energy Solut. 1392.00
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