Daily BriefsIndia

India: JSW Energy Ltd and more

In today’s briefing:

  • Grey and green businesses to be reorganised

Grey and green businesses to be reorganised

By ICICI Securities Limited

JSW Energy’s (JSWEL) Board has approved the reorganisation of the company’s green and grey businesses. Its RE business (operational: 1,391MW hydro & 10MW solar; under construction: 240MW hydro & 2,218MW of solar + wind) will be housed under a new wholly-owned subsidiary – JSW Neo Energy. The thermal business (3,158MW) will continue to be part of JSWEL.

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