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JSW Energy Ltd and its subsidiaries are primarily engaged in the business of generation of power from its power assets located at Karnataka, Maharashtra, Nandyal and Salboni.It is the holding company for the JSW group's power business.The company also has a JV company engaged in mining activities and an associate engaged in manufacturing of turbines.
JSW Energy secured key regulatory nods from BSE & NSE for its scheme with GE Power India. Under this arrangement, GE Power India is the 'Demerged Company' and JSW Energy is the 'Resulting Company,' moving closer to integrating GE Power India's operations. This crucial step clears major hurdles, setting the...
JSW Energy is acquiring GE Power India's manufacturing business for power boiler components and thermal plant parts from its Durgapur facility. This demerger aims for vertical integration, cutting reliance on third-party suppliers, boosting cost efficiency, and supporting future thermal projects. For every 139 GEPIL shares held, shareholders will receive 10...