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JSW Energy Nears Completion of O2 Power Acquisition

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JSW Energy Nears Completion of O2 Power Acquisition

JSW Energy Limited ( (IN:JSWENERGY) ) has provided an announcement.

JSW Energy Limited has announced that its subsidiary, JSW Neo Energy Limited, has fulfilled all conditions precedent for the acquisition of O2 Power Midco Holdings Pte. Limited and O2 Energy SG Pte. Limited, including obtaining approval from the Competition Commission of India. With these conditions met, the transaction is now unconditional, and the parties involved are proceeding to finalize the acquisition, which is expected to enhance JSW Energy’s market position and operational capacity in the energy sector.

More about JSW Energy Limited

JSW Energy Limited, part of the O.P. Jindal Group, operates in the energy sector, focusing on power generation and distribution. The company is headquartered in Mumbai, India, and is listed on the BSE and NSE.

YTD Price Performance: -10.71%

Average Trading Volume: 196,795

Current Market Cap: 978.6B INR

Learn more about JSWENERGY stock on TipRanks’ Stock Analysis page.

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