JSW Energy has informed that JSW Neo Energy (‘JSWNEL’), a wholly-owned subsidiary of the Company, has executed definitive agreements on 18th October, 2024, to acquire 3 special purpose vehicles (‘3 SPVs’) collectively holding a portfolio of 125 MW of Wind Energy generation capacity from Hetero Labs and Hetero Drugs (‘Hetero Group’). The transaction is subject to receipt of the necessary customary approvals. Upon consummation of the transaction, the 3 SPVs will become subsidiaries of JSWNEL and stepdown subsidiaries of the Company. The disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023, is attached as Annexure A hereto.
The above information is a part of company’s filings submitted to BSE.
