JSW Energy likely to close Rs 10,530-cr Mytrah acquisition by December-end

The deal, announced in August, is JSW Energy's largest till date; will take the firm's operational generation capacity to 6.5 Gw from 4.8 Gw now, and accelerate its plans to achieve 10 Gw by FY25

Sajjan-Jindal-led JSW Energy is likely to close its Rs 10,530-crore acquisition of Mytrah Energy assets by the end of the December quarter, Prashant Jain, joint MD & CEO, said in an interaction with Business Standard.

The acquisition, which was announced in August, will take JSW Energy's operational generation capacity to 6.5 giga-watts (Gw), from 4.8 Gw currently. The deal, its largest to date, will accelerate the company's plans to achieve 10 Gw of capacity by FY25, Jain said.

"We have got the Competition Commission of India’s approval to the deal. We are currently in the process of taking various other