Business Standard

JSW starts exclusive talks to buy renewables company Mytrah Energy

Mytrah has built over 1,800 MW of assets spread across 17 wind farms and 21 solar farms in several states

(Photo: Twitter, @MytrahEnergy )

(Photo: Twitter, @MytrahEnergy )

Dev Chatterjee Mumbai
The JSW group, which last week lost the race to buy Ambuja Cements, on Wednesday started "exclusive talks" to acquire Mytrah Energy, a renewable energy company with a capacity of 1800 megawatts (MW). The deal, if done, will be at an enterprise valuation of up to $2 billion, sources said.

The talks would give JSW group access to seek additional data about the company and make a final offer. Several companies, including private equity players, were earlier in the race to buy the company.

A JSW group spokesperson declined to comment.

The JSW group is expanding its energy business--from seven

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 18 2022 | 9:52 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to