tiprankstipranks
Company Announcements

JSW Energy Expands Renewable Portfolio with Strategic Acquisition

Story Highlights
JSW Energy Expands Renewable Portfolio with Strategic Acquisition

The latest update is out from JSW Energy Limited ( (IN:JSWENERGY) ).

JSW Energy Limited’s subsidiary, JSW Neo Energy Limited, has acquired 100% of Virya Infrapower Private Limited, making it a step-down subsidiary. This acquisition allows JSW Neo Energy to gain a ready renewable power site, facilitating accelerated project development, and strengthening its position in the renewable energy sector.

More about JSW Energy Limited

JSW Energy Limited, part of the O.P. Jindal Group, operates in the power generation industry with a focus on renewable energy projects. The company is involved in the development and management of energy resources across India.

YTD Price Performance: -20.14%

Average Trading Volume: 179,004

Current Market Cap: 898.6B INR

See more insights into JSWENERGY stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App