by Team Small News | Feb 13, 2025 | JSW Energy
The National Company Law Tribunal (NCLT) in Hyderabad has approved JSW Energy’s revival plan for KSK Mahanadi Power Company Ltd (KPMCL), a bankrupt company with liabilities of over ₹32,335 crore. The approval was given subject to clearance from the Competition... by Team Small News | Feb 6, 2025 | JSW Energy
JSW Group Chairman Sajjan Jindal announced a massive investment of Rs 16,000 crore (approximately $2.1 billion) to develop a 1,600 MW power project at Salboni, West Bengal. The project, which includes a 1,600 MW greenfield thermal power plant, will be developed in... by Team Small News | Jan 30, 2025 | JSW Energy
JSW Energy, a steel major, has revised its capital expenditure (capex) target for FY’25 to Rs 10,000 crore, down from its earlier estimate of Rs 15,000 crore. The company has incurred capex spending of Rs 6,200 crore in the first nine months of the fiscal and... by Team Small News | Jan 14, 2025 | JSW Energy
JSW Energy Ltd has been selected as the successful applicant for the resolution plan for KSK Mahanadi Power Company Ltd (KMPCL) under the Insolvency and Bankruptcy Code. The company was chosen after the Committee of Creditors approved the resolution plan. The... by Team Small News | Jan 13, 2025 | JSW Energy
According to a report by CNBC-TV18, JSW Energy has received a letter of intent (LoI) for the resolution of KSK Mahanadi Power Company (KMPC). KMPC is a subsidiary of KSK Energy Ventures, which has been facing financial difficulties. The LoI is a significant step... by Team Small News | Jan 10, 2025 | JSW Energy
JSW Energy has acquired O2 Power and its subsidiaries from EQT Infrastructure and Temasek for $1.47 billion. The deal marks one of the largest in the renewable energy sector and the largest acquisition in JSW Energy’s history. Khaitan & Co advised JSW...