JSW Energy Ltd.

JSW Energy has received its board’s approval to raise funds up to Rs 750 crore through issuance of redeemable non-convertible debentures (NCDs) by way of private placement. The company will use the issue proceed for general corporate purposes, business operations, working capital and repayment of existing debt.

The board has also authorised the Finance Committee to decide on all matters relating to the proposed issuance of debentures, including finalisation and approval of the detailed terms of issue.

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.