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07 August, 2020 01:19 IST
JSW Energy acquires 1000 MW thermal power plant from JSPL
Source: IRIS | 29 Jun, 2018, 09.38AM
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JSW Energy announced that on May 03, 2018, the company had entered into a Securities Purchase Agreement to acquire the 1000 MW (4X250 MW) thermal power plant located at Village Tamnar, District Raigarh, Chhattisgarh from Jindal Steel & Power (JSPL) with 30 June, 2018 as the Long Stop Date.

As the Conditions Precedent are yet to be completed and at the request of JSPL, it has been decided to extend the Long Stop Date to June 30, 2019.

Shares of the company gained Rs 1.4, or 2.18%, to trade at Rs 65.70. The total volume of shares traded was 4,125 at the BSE (9.24 a.m., Friday).





JSW Energy Limited   (Q,N,C,F)*

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