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JSW Energy enters into agreement to acquire 1000 MW thermal power plant

29 Jun 2018 Evaluate

JSW Energy has entered into a Securities Purchase Agreement to acquire the 1000 MW (4X250 MW) thermal power plant located at Village Tamnar, District Raigarh in the state of Chhattisgarh from Jindal Steel and Power (JSPL) with June 30, 2018 as the Long Stop Date.

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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