JSW Energy has received letter of award (LoA) from West Bengal State Electricity Distribution Company (WBSEDCL) for development and operation of 1,600 MW greenfield (2 x 800 MW) super / ultra super critical domestic coal based thermal power plant (TPP). The plant is awarded under competitive bidding process invited by WBSEDCL and it will utilise the domestic linkage coal allocated to West Bengal under the SHAKTI B (iv) policy. Subsequent to this capacity award, the Company`s total locked-in generation capacity achieves a milestone of 30 GW with share of thermal capacity at 9 GW. With this the company is well positioned to achieve its target of 20 GW generation capacity significantly before 2030. Powered by Capital Market - Live News

Net profit of JSW Energy declined 27.45% to Rs 167.83 crore in the quarter ended December 2024 as against Rs 231.33 crore during the previous quarter ended December 2023. Sales declined 4.09% to Rs 2438.88 crore in the quarter ended December 2024 as against Rs 2542.77 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales2438.882542.77 -4 OPM %37.4743.68 - PBDT555.56710.23 -22 PBT150.04310.17 -52 NP167.83231.33 -27 Powered by Capital Market - Live News

JSW Energy announced that India Ratings and Research has assigned / reaffirmed the rating of `IND AA/Stable` for the Non-convertible Debentures (including proposed) and the long term bank facilities and `INR A1+` for the short term facilities, including Commercial Paper, of the Company. Further, the Long-Term Issuer rating is reaffirmed at `IND AA/Stable`.Powered by Capital Market - Live News

JSW Energy will hold a meeting of the Board of Directors of the Company on 28 January 2025.Powered by Capital Market - Live News

JSW Energy announced that the resolution plan submitted by the Company for KSK Mahanadi Power Company (KMPCL) under the corporate insolvency resolution process of the Insolvency and Bankruptcy Code, 2016, has been approved by the Committee of Creditors and the Company has received a Letter of Intent from the Resolution Professional on 13 January 2025.KPMCL owns 1,800 MW operational and another 1,800 MW under construction thermal power plant located in the state of Chhattisgarh. The closure of the transaction shall be subject to the receipt of necessary regulatory approvals including from the National Company Law Tribunaland Competition Commission of India.Powered by Capital Market - Live News