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JSW Energy in talks to acquire GMR's thermal power plant in Odisha

09 Oct 2019 Evaluate

JSW Energy has entered into exclusive discussions with GMR Energy for potential acquisition of its subsidiary, GMR Kamalanga Energy, which owns and operates 1050 MW thermal power plant in Odisha. Both companies intend to conclude these discussions in an expeditious manner.

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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