Retail investors most bullish in last 7 months, with long-short ratio in index futures at 5:2. On the other hand, FIIs hold 5 bearish bets in index futures for ever long trade; shows NSE F&O data.
JSW Energy on Friday said its arm JSW Neo Energy has completed the acquisition of 125 MW of renewable energy assets from Hetero Group for an enterprise value of about Rs 630 crore. The 125 MW portfolio comprises wind projects located in Andhra Pradesh and Maharashtra and have long term power purchase agreements, a regulatory filing said. According to the filing, JSW Neo Energy Ltd (JSW Neo), a wholly-owned subsidiary of JSW Energy, has completed the acquisition of 125 MW of renewable energy assets from Hetero Labs Ltd and Hetero Drugs Ltd housed under three Special Purpose Vehicles (SPVs). The portfolio has a blended tariff of Rs 5.22/KWh and an average remaining plant life of 15 years. The total locked-in capacity of the company stands at 24.7 GW which consists of a diverse fuel mix and offtakers. The transaction values the Hetero's portfolio at an enterprise valuation of approximately Rs 630 crore, excluding net current assets and other adjustments under SPAs (Share Purchase ...
Angel One, Kalyan Jewellers, Union Bank, CAMS and JSW Energy have seen open positions increase up to 53 per cent amid a fall in share price; shows NSE derivatives market data.
On the other hand, Cyient, CAMS, Hero MotoCorp, ICICI General Insurance, Jio Financial Services witness short build-up in trades on Monday.
The uptick in JSW Energy share price came after its arm, JSW Neo, signed a definitive agreement with O2 Power to acquire 4,696 MW of renewable energy (RE) platform for $1.47 billion
Stocks to Watch on Dec 30, 2024: From Tata Motors to NTPC, here are few stocks which will be on investors' radar today
JSW Energy said the latest acquisition will increase the company's locked-in generation capacity to 24,708 MW, from the current 20,012 MW
Odisha-based Indian Metals & Ferro Alloys Ltd (IMFA), a ferrochrome producer, entered into a joint venture with JSW Green Energy to source renewable energy for its smelting operations, officials said on Wednesday. In a statement, the company said IMFA signed a binding term-sheet with JSW Green Energy One Ltd and JSW Green Energy Seven Ltd, and will invest Rs 83.26 crore in a hybrid project that combines 50 megawatt (MW) AC solar and 100 MW of wind for a total contracted capacity of 70 MW. The company will subsequently sign a power purchase agreement (PPA) as a captive consumer, which will be valid for 25 years, it added. IMFA vice-president Binoy Agarwalla said, "By combining solar and wind power, we are taking a proactive step towards a green future and aligning with the global trend of sustainability." The company also mentioned that it is setting up a 1 lakh tonne per annum greenfield facility at Kalinganagar, Odisha, to augment its ferrochrome production in line with ...
The two companies have signed an initial agreement to form an equal partnership in which LGES will contribute the technology and equipment for making batteries and JSW will invest money
JSW Energy on Monday said it has secured multiple renewable energy projects in the commercial and industrial power market, achieving a total locked-in generation capacity of 20 GW. The company's locked-in renewable energy commercial and industrial (C&I) capacity stood at 3.1 GW, which includes 2,654 MW of JSW group captive capacity and 445 MW of third-party C&I capacity, a JSW Energy statement said. Currently, the operational C&I capacity of the company stood at 488 MW, it informed. The company's step-down subsidiaries have executed power purchase agreements (PPAs) with DCM Shriram Ltd and Indus Towers Ltd for the supply of renewable energy. These strategic partnerships underscore the company's commitment towards sustainable energy solutions. Subsequent to this, the company's total locked-in generation capacity has increased to 20 GW. "I am pleased to share that JSW Energy has reached the milestone of being a 20 GW generation platform," Sharad Mahendra, Joint Managing ...
Telecom infrastructure company Indus Towers on Friday said it will acquire a 26 per cent stake in JSW Green Energy Eight for Rs 38.03 crore to procure renewable energy from a solar PV plant. Indus Towers will receive 130 MW of renewable energy from a solar photovoltaic (PV) power plant, according to a regulatory filing. "...the Company, on December 12, 2024, has entered into a Power Purchase Agreement with JSW Green Energy Eight Limited, a special purpose vehicle (SPV), for the procurement of renewable energy from Solar PV plant, under Captive mode. "In connection with this, the Company will also enter into an agreement for a proposed investment of approximately Rs 38.03 crore, through the subscription to equity shares of the SPV..." it said. JSW Green Energy Eight was incorporated in October 2024 to build, develop, own, generate, supply, accumulate, transmit, distribute, store, purchase, and sell electrical power or any other energy by using conventional and/or non-conventional ..
These two coal blocks upon operationalisation will generate annual revenue of Rs 339.06 crore calculated at peak rated capacity (PRC) of these mines
NLC India Ltd, ACC Ltd, and JSW Energy Utkal Ltd are among the five companies that have bagged five mines on the first day of the tenth round of commercial coal mine auction, according to an official statement issued on Thursday. While ACC Ltd bagged a coal mine in Madhya Pradesh, NLC India Ltd and JSW Energy Utkal Ltd won one block each in Odisha. Two other companies that won coal blocks are Mineware Advisors Pvt Ltd and Shreeji Nuravi Coal Mining and Trading Pvt Ltd. A total of nine blocks been put on sale in the tenth round of auction. "On the first day, five coal mines were put up for auction," the statement issued by the coal ministry said. One of the five coal mines is fully explored while four are partially explored. The total geological reserves for these five coal mines are 2,630.77 million tonnes. Cumulative Peak Rated Capacity for these blocks is 12 MTPA. The government launched the auction of coal mines for commercial mining under the tenth round on June 21. "After
Bid propels RE firm to the forefront of power generation in Chhattisgarh
The collaboation is expected to boost India's steel production capacity and advance sustainability efforts in both countries
JSW Energy leads KSK Mahanadi auction with a Rs 15,985 crore bid, outbidding Adani Power by Rs 100 crore; the two-day auction saw intense bidding among six major players
Net generation, JSW Energy said, increased 14 per cent from a year ago to 9.8 billion units, driven by wind capacity additions and higher generation at thermal and hydro plants
JSW Energy on Friday said that its two arms have signed agreements to supply 1,200 MW of power to Maharashtra State Electricity Distribution Company. JSW Renew Energy Six Ltd and JSW Renew Energy Thirty Ltd, step-down subsidiaries of JSW Energy, have signed power purchase agreements (PPAs) with Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for state transmission utility (STU)-connected solar-wind hybrid capacity, according to a company statement. The agreements have been signed for two hybrid projects, each with a capacity of 600 MW, totalling 1,200 MW. The letters of award for these projects were received on August 29, 2024, and September 10, 2024, respectively, JSW Energy said. The projects are expected to be commissioned within 24 months, it said, adding that the agreements are set for a 25-year period at a tariff of Rs 3.60/kWh. Currently, the company has a project pipeline of 8.3 GW, with PPAs signed for 4.4 GW. JSW Energy has total locked-in generation cap
Marico has showcased a strong resurgence from the pivotal support of the previous breakout on the daily time frame chart and has soared to record-high levels.
In June 2021, MHI launched the Rs 18,100 crore ACC PLI scheme with a total capacity of 50 GWh