-2.25 (-0.41%) JSW Energy, one of the few power companies in India, has raised Rs 500 crore through issuance of redeemable non-convertible debentures (NCDs) on private placement basis. The fund raised would be used for business operations, various capex requirement, repayment/ prepayment of existing debt and general corporate purposes.
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.