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JSW Energy Limited ( (IN:JSWENERGY) ) has provided an announcement.
JSW Energy has exercised its call option to acquire the remaining 26% equity stake in JSW Mahanadi Power Company Limited from erstwhile financial creditors. The move follows its earlier purchase of a 74% stake under an NCLT-approved resolution plan and, once completed, will give JSW Energy full ownership of the power producer, consolidating control over the asset and potentially strengthening its position in the Indian power sector.
More about JSW Energy Limited
JSW Energy Limited is an Indian power company that develops, owns and operates electricity generation assets. Part of the O.P. Jindal Group, it focuses on thermal and other power projects, supplying electricity to utilities and industrial customers across India.
Average Trading Volume: 142,626
Technical Sentiment Signal: Buy
Current Market Cap: 882B INR
See more data about JSWENERGY stock on TipRanks’ Stock Analysis page.