Page 15 - Jsw Energy
Prashant Jain, who shone at JSW Steel, is new Jt MD & CEO at JSW Energy
JSW Energy today said it has appointed Prashant Jain as its joint managing director and chief executive officer, effective 16th June, 2017.Jain will be based out of Mumbai office and will report to Sajjan Jindal, chairman of JSW Group."Prashant Jain brings with him vast experience across different functional areas which he can apply in this new role with fresh perspective and vision. The entire leadership team looks forward to working with Prashant and wishes him the very best in his new role," the company release quoted Sajjan Jindal as saying.Jain's role will include setting strategy for JSW Energy, developing and executing strategic and business planning activities and oversee all aspects of the company's business thereby ensuring that JSW Energy continues to be recognized as one of the fastest growing players in the energy sector.Some of his notable achievements of Jain with the JSW Group include steering the strategic collaboration with JFE, raising over $1 billion in JSW Steel ..
 "Prashant Jain, who shone at JSW Steel, is new Jt MD & CEO at JSW Energy")
JSW Energy allows joint MD & CEO Sanjay Sagar to exit early
Company relieves Sagar a month prior to contract expiry on July 20
 "JSW Energy allows joint MD & CEO Sanjay Sagar to exit early")
JSW Energy posts lower net profit at Rs 21.39 cr in Q3
Total income has decreased to Rs 979.49 crore for quarter ended Dec 31, 2016
 "JSW Energy posts lower net profit at Rs 21.39 cr in Q3")
JSW Energy's long-term power purchase tender for Karnataka expires
Analysts say long-term contracts to elude as merchant rates trade low
 "JSW Energy's long-term power purchase tender for Karnataka expires")
JSW Energy board approves raising up to Rs 750 crore
The issue proceeds would be used for the general corporate purposes, business operations
JSW Energy in talks to buy Monnet Power's Odisha plant
JSW Energy is increasingly betting on the inorganic route to augment its power capacity
 "JSW Energy in talks to buy Monnet Power's Odisha plant")
Hydro benefit unlikely for JSW Energy
Improved realisations, signing of PPAs would be key
JSW Energy net profit drops 59% to Rs 217.39 crore
Net power generation for the company was higher at 6,276 million units against 5,637 million units generated a year back
 "JSW Energy net profit drops 59% to Rs 217.39 crore")
JSW Energy an outlier in the power space
Growth strategy, including through acquisitions, is positive but challenges on realisations, demand will reflect on near-term prospects
 "JSW Energy an outlier in the power space")
JSW Energy scouts for coal, thermal power assets overseas
In the past two years, the company has agreed to buy four power assets in India
Lenders reject JSW's Monnet buying offer
JSW's move to buy Monnet's 1,050-Mw thermal capacity had coincided with the latter winning a coal block for supplies
JSW Energy clocks Rs 367 cr in Q1
Its consolidated turnover was up 15% at Rs 2,492 crore against Rs 2,167 crore
 "JSW Energy clocks Rs 367 cr in Q1")
JSW Energy to buy Jaiprakash Power's Bina unit for Rs 2,700 cr
The deal is part of JSW's plan to achieve power generation capacity of 10,000 Mw by 2020
 "JSW Energy to buy Jaiprakash Power's Bina unit for Rs 2,700 cr")
JSW Energy surges on talk that it may win Karnataka SEB contract
The stock rallied 15% to Rs 81.20 on the BSE on back of heavy volumes.
 "JSW Energy surges on talk that it may win Karnataka SEB contract")
Power plants with long-term PPA are of interest, says JSW Energy
The company's revenue, which came in at Rs 2,706 cr in Q4FY16, grew at 22% y-o-y
JSW Energy Q4 net drops 6% to Rs 305 cr
Net generation increased to 5,894 million units as against 4,698 million units a year ago