BAJAJ BROKING
JSW Energy received a letter of intent for KSK Mahanadi Power’s 3,600 MW thermal plant. Currently, 1,800 MW is operational, with another 1,800 MW under construction. JSW Energy’s total locked-in generation capacity now stands at 28.2 GW.
JSW Energy Ltd has received a letter of intent (LoI) for KSK Mahanadi Power Company Ltd’s (KMPCL) 3,600 MW thermal power plant. This acquisition is part of the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016. The transaction is subject to regulatory approvals, including those from the National Company Law Tribunal (NCLT) and the Competition Commission of India.
Also read: ITI Ltd secures Rs 64 crore contracts for Wi-Fi and CCTV systems
Capacity Details: The plant has an installed capacity of 3,600 MW, with 1,800 MW operational and 1,800 MW under construction.
Power Agreements: 95% of the operational capacity is tied up under long- and medium-term power purchase agreements (PPAs).
Strategic Advantage: Located near a coal block with firm water and coal transportation arrangements.
Total Generation Capacity: JSW Energy’s locked-in generation capacity now stands at 28.2 GW.
Also read: BEL secures new orders worth Rs 561 crore, boosting FY25 order book
Capacity Details | MW | Status |
Operational | 1,800 | 95% tied under PPAs |
Under Construction | 1,800 | Includes one 40% complete unit |
Total Capacity | 3,600 |
|
The acquisition positions JSW Energy as a major player in thermal energy. The company’s locked-in thermal capacity now reaches 7.5 GW, contributing to its ambitious growth targets. Despite this development, JSW Energy Ltd share price ended at ₹518.05, marking a 3.94% decline.
With this acquisition, JSW Energy strengthens its position in the thermal power sector. The company’s focus on expanding its generation capacity aligns with its long-term growth objectives, enhancing its overall portfolio. This may positively influence JSW Energy Ltd share price in the future.
Also read: HCL Tech expands partnership with Microsoft to transform contact centres
Do you have a trading account app or demat account app?
You can open an account with Bajaj Broking in minutes.
Download the Bajaj Broking app now from Play Store or App Store.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For All Disclaimers Click Here: https://bit.ly/3Tcsfuc
Share this article:
Disclaimer :
The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes.
The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.
Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.
BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.
Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For more disclaimer, check here : https://www.bajajbroking.in/disclaimer
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading