JSW Energy’s board has approved a proposal for issuance of green bonds by its arm for raising $ 750 million (around Rs 5,443 crore) from international markets. The board approved issuance of green bonds by JSW Hydro Energy (JSWHEL).
Funds up to $ 750 million will be raised through issuance of non-convertible, senior, secured, fixed rate green bonds in the international markets, subject to market conditions and receipt of necessary approvals by JSWHEL.
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.
