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JSW Energy Limited ( (IN:JSWENERGY) ) has shared an update.
JSW Energy Limited, through its wholly-owned subsidiary JSW Neo Energy Limited, has signed an agreement to acquire 100% equity shares of Tidong Power Generation Private Limited, which is developing a 150 MW hydroelectric power project. This acquisition aligns with JSW Energy’s strategic goal to increase its renewable energy capacity, contributing to its target of 30 GW by FY 2030. The transaction, expected to be completed by January 2026, is subject to regulatory approvals and will involve a cash consideration.
More about JSW Energy Limited
JSW Energy Limited, part of the O.P. Jindal Group, operates in the energy sector with a focus on power generation. The company is working towards expanding its renewable energy capacity, aiming to achieve 30 GW generation capacity and 40 GWh of storage capacity by FY 2030, with a significant increase in renewable energy generation.
Average Trading Volume: 145,971
Technical Sentiment Signal: Buy
Current Market Cap: 935.2B INR
For detailed information about JSWENERGY stock, go to TipRanks’ Stock Analysis page.