JSW Energy’s Board of Directors has approved the re-organisation of the company’s Green (Renewable) and Grey (Thermal) Businesses. As a result of this re-organisation, all the existing and upcoming renewable energy businesses will be housed under ‘JSW Energy Neo’, a wholly owned subsidiary of the company. This is in line with the announcement made by the Company on July 31, 2021 stating that the Board had approved the evaluation of re-organisation of Green and Grey businesses.
This move will help the company in building and streamlining its renewable portfolio and setting up a holding structure which is efficient for fund-raising and unlocking value for shareholders.
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.
