You are here: Home » News-CM » Companies » News
Business Standard

JSW Energy signs MoU with Swaziland Electricity Company

Capital Market 

To set up thermal power plant and undertake mining activities in The Kingdom of Swaziland

JSW Energy has signed a binding MoU with Swaziland Electricity Company and the Government of the Kingdom of Swaziland to set up a thermal power plant and related activities in the Kingdom of Swaziland.

The MoU provides for setting up a thermal power plant and undertaking of mining activities pursuant to execution of definitive agreements - a long term Power Purchase Agreement to be guaranteed by the Kingdom of Swaziland and fuel supply agreement from captive coal resources; and facilitation of other consents and approvals including associated infrastructure facilities to support coal mining, power generation, evacuation and allied activities.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, October 24 2016. 12:50 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU