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JSW Energy incorporates wholly owned subsidiary

05 Jan 2018 Evaluate

JSW Energy has incorporated a wholly owned subsidiary - JSW Solar on January 1, 2018, to pursue business opportunities in the renewable energy space, energy storage systems, micro grids, etc.

Recently, the company has terminated the proposed acquisition of the 500MW (2x250 MW) thermal power plant located at Bina, District Sagar in the state of Madhya Pradesh (Bina project).

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 310.40
Tata Power 343.20
Adani Power 185.60
Power Grid Corpn. 249.25
Adani Energy Solut. 1275.10
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