JSW Energy Ltd.

JSW Energy has executed definitive agreements to acquire an additional equity stake in Toshiba JSW Power Systems (TJPS), by way of a secondary purchase of equity shares from Toshiba Corporation, Japan. Post-acquisition, the company’s shareholding in TJPS shall increase to 20.7% on non-diluted basis and 10.7% on fully diluted basis. 

The company has set a target to reach 30 GW capacity by FY 2030, with the Thermal Capacity expected to raise to 10,658 MW by FY 2030 from current installed capacity of 5,658 MW. The acquisition of additional equity stake in TJPS would strengthen the company’s access to steam turbine generators, enhance supply chain resilience, and support its thermal capacity expansion.

The transaction is expected to be completed on or before June 15, 2026, subject to fulfilment of the conditions under definitive agreements. The total purchase price of acquired shares is Rs 150 crore.

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.