JSW Energy enters into Memorandum of Understanding (MoU) with the Government of Maharashtra for the manufacturing of Electric Vehicles (EV) and Energy Storage Systems.

In addition to the earlier MoU with the Government of Gujarat with respect to EV manufacturing and associated businesses, the company has now entered into another MoU with the Government of Maharashtra for setting up facilities for the manufacturing of EV and Energy Storage Systems in the state of Maharashtra, subject to receipt of internal corporate approvals.

Shares of the company gained Rs 1.45, or 1.84%, to trade at  Rs 80.45.  The total volume of shares traded  was  124,402 at the BSE (9.40 a.m., Tuesday).