JSW Energy has secured the approval of the creditors of Raigarh Champa Rail Infrastructure for its proposal to acquire the debt-laden entity currently under the insolvency process. JSW Energy acquired KSK Mahanadi Power Company Ltd (KMPCL), a 3,600 MW thermal power plant in Chhattisgarh, for Rs 16,084 crore through the insolvency process, in March this year. After the KMPCL acquisition, JSW Energy held significant indirect ownership in Raigarh Champa Rail Infrastructure Private Limited (RCRIPL), which is the sole provider of rail infrastructure for coal transportation services to KMPCL. In an exchange filing on Thursday, JSW Energy said, "We wish to inform that the resolution plan submitted by the company for RCRIPL under the corporate insolvency resolution process has been approved by the Committee of Creditors". JSW Energy said it received a Letter of Intent from the Resolution Professional on Wednesday. The closure of the transaction will be subject to the receipt of approval f
After 13 years with the JSW Group, Pritesh Vinay has stepped down but will serve through December 2025 to ensure a smooth transition as the company begins a search for his successor
JSW Energy on Wednesday said it has raised Rs 250 crore through the issuance of non-convertible debentures (NCDs) on a private placement basis. "Finance Committee, at its meeting held on 12th November, 2025, has allotted 25,000 Unsecured, Listed, Rated, Taxable, Redeemable NCDs bearing a face value of Rs 1,00,000 each, aggregating to Rs 250 crore," according to a regulatory filing. The company's board of directors had approved the proposal for raising funds up to Rs 3,000 crore through, inter alia, the issuance of rated and listed NCDs on a private placement basis on January 28, 2025.
JSW Energy looks to operationalise its battery assembly plant in Pune, Maharashtra, in the third quarter of this financial year, a company official said. In an investor call, the company's Joint Managing Director and CEO, Sharad Mahendra, also said that trial runs for green hydrogen project having a capacity of 3,800 tonnes per annum (TPA) at Vijayanagar are near complete and its commissioning is expected soon. The company is setting up a battery assembly plant at Pune in Maharashtra with an annual capacity of 5 gigawatt hour (GWh), he said. This facility is dedicated to supporting Battery Energy Storage Systems (BESS), he said, adding the company expects to operationalise it in the third quarter of FY26. "It will also enable us to meet domestic content requirements for BESS as and when they are mandated," he said. The company registered a 59 per cent year-on-year rise in total revenues to Rs 5,361 crore in the July-September period, from Rs 3,459 crore in the year-ago period. It
The company added 443 megawatts of organic renewable energy capacity during the quarter, taking total installed capacity to 13,211 megawatts
Q2FY26 company results: JSW Steel, REC, Polycab India, L&T Technology Services, Tejas Networks, and Dixon Technologies are also to release their July-September quarter earnings reports today
Analysts remain positive on the stock, citing expansion plans across thermal, wind and solar power
Power stocks, down over 22 per cent in the past year, may see renewed interest in H2FY26 as demand recovers, coal capacity expands and renewable additions accelerate
JSW Energy will acquire Tidong Hydro Project from Statkraft for ₹1,728 crore, boosting its hydro portfolio to 1.8 GW and reinforcing its clean energy expansion strategy
The journey from 1.6 mt of steel capacity in 2002 to 35.7 mt (including 1.5 mt in the US) has been driven by a mix of acquisitions and organic growth
At 2:20 PM, JSW Energy share price was trading 1.08 per cent higher at ₹527.25 per share. In comparison, BSE Sensex was trading 0.46 per cent higher at 81,919.88 levels.
Adani Group, JSW Neo Energy and Jindal Power are among 21 firms that submitted Expressions of Interest for GVK Energy, which is under insolvency proceedings at NCLT
JSW Energy shares rose 4.3 per cent in trade, logging an intra-day high at ₹533.75 per share on BSE; here's why
The northward movement in JSW Energy's share price came on the back of the company's announcement of its financial results for the first quarter of the financial year 2025-26 (Q1FY26)
JSW Energy on Thursday posted over 42 per cent rise in consolidated net profit to Rs 743 crore in the June quarter due to renewables capacity additions and contributions from O2 Power and Mahanadi plant. The company posted a net profit of Rs 522 crore in the year-ago period, a statement said. According to the statement, total revenue increased 78 per cent year-on-year to Rs 5,411 crore from Rs 3,043 crore, driven by organic capacity additions and contribution from Mahanadi and O2 Power. "Strategic acquisitions fuelling EBITDA growth as Mahanadi plant contributed incremental, Rs 867 crore while O2 Power (consolidated since Apr 9, 2025) contributed Rs 219 crore of EBITDA during the quarter," it stated. During the quarter, the net electricity generation rose 71 per cent year-on-year to 13.5 billion units (BUs from 7.8 BUs year ago) driven by organic RE capacity additions, contribution from O2 Power and Mahanadi plant and higher generation at Vijayanagar long-term tie-up. Renewable En
JSW Energy on Friday said its arm JSW Neo Energy has signed a Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI). The agreement is for the supply of 230 MW ISTS connected Firm and Dispatchable Renewable Energy (FDRE) under the SECI-FDRE Tranche IV scheme, a company statement said, adding that this marks the company's first PPA for a FDRE project. According to the statement, the agreement has been signed for a tenure of 25 years at a tariff of Rs 4.98 per kWh. With this, the company's total under-construction capacity stood at 12.9 GW, and its total locked-in generation capacity was at 30.2 GW. JSW Energy remains well-positioned to achieve its strategic target of 30 GW installed generation capacity and 40 GWh of energy storage by 2030. "We are proud to announce the signing of our first Power Purchase Agreement for a load-following Firm and Dispatchable Renewable Energy project. This milestone underscores JSW Energy's commitment to provide advanced and
JSW Energy on Thursday said its step-down subsidiary JSW Renew Energy Forty Five has inked a power purchase agreement with Bangalore Electricity Supply Company (BESCOM) for a grid connected 100 MW Solar Project. The Power Purchase Agreement (PPA) has been signed for a tenure of 25 years at a tariff of Rs 4.31 per kWh. In a regulatory filing, the company said JSW Renew Energy Forty Five Ltd, a step-down subsidiary of JSW Energy, has signed power purchase agreement with BESCOM for a grid connected 100 MW solar project with 100 MWh Battery Energy Storage System (BESS). The aforesaid project will be developed on a designated site and connected to the 220/400 kV KPTCL Firozabad substation in Kalaburagi district, a company statement said. Subsequent to this, the company's total locked-in energy storage capacity stood at 29.4 GWh, including 3.0 GWh of BESS and 26.4 GWh of Pumped Hydro Storage. The company is well positioned to achieve its target of 40 GWh of energy storage by 2030.
A spokesperson for the state government stated that with this decision, the government would receive an annual additional income of approximately Rs 150 crore
Shares of JSW Energy rose nearly 2 per cent after it announced its inclusion in the FTSE4Good Index Series
JSW Energy on Wednesday announced its inclusion in the FTSE4Good Index Series. Created by the global index and data provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong environmental, social and governance (ESG) practices, JSW Energy said in an exchange filing. JSW Energy announces that it has been included in the FTSE4Good Index Series. The FTSE4Good indexes are used by a wide variety of market participants to create and assess responsible investment funds and other products, it added. FTSE Russell evaluations are based on performance in areas like Corporate Governance, Health & Safety, Anti-Corruption and Climate Change. Businesses included in the FTSE4Good Index Series meet a variety of environmental, social and governance criteria. Sharad Mahendra, Joint Managing Director and CEO of JSW Energy, said, "The company has set an ambitious target to achieve carbon neutrality by 2050 and aims to scale up to 30 GW .