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Construction : Project Update | April 2016 | Source : CW-India

Sajjan Jindal-led JSW Energy set to acquire 1,000 MW power plant for Rs.6,000 cr

JSW Energy is set to acquire a 1,000 MW Jindal Power plant for about Rs 6,000 crore. This would be the second major acquisition by JSW Energy that has an installed capacity of 4,531 MW. In 2015, it had acquired two hydro power plants with an installed capacity 1,391 MW from Jaiprakash Power Ventures (JPVL) for Rs 9,275 crore. It has also signed a non-binding agreement with JPVL for Bina Power, which has an installed capacity of 500 MW of thermal power, for Rs 3,500 crore.
 
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