BAJAJ BROKING

Notification
No new Notification messages
Ather Energy IPO is Open!
Apply for the Ather Energy IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

JSW Energy Completes ₹630 Crore Acquisition of 125 MW RE Assets

Synopsis:

JSW Neo Energy, a subsidiary of JSW Energy, finalised the ₹630 crore acquisition of 125 MW renewable energy assets from Hetero Group, enhancing its RE capacity.

JSW Energy news today

JSW Neo Energy, a wholly-owned subsidiary of JSW Energy, has completed the acquisition of 125 MW renewable energy assets from Hetero Group for ₹630 crore. The assets include wind power projects located in Andhra Pradesh and Maharashtra, secured under long-term power purchase agreements (PPAs). This acquisition enhances JSW Energy’s renewable portfolio, aligning with its commitment to expanding clean energy capabilities.

Also read: DMart Appoints Anshul Asawa as CEO Designate, Succeeding Ignatius Noronha

JSW ENERGY LIMITED

Trade

482.7-21.09 (-4.18 %)

Updated - 25 April 2025
508.70day high
DAY HIGH
478.20day low
DAY LOW
3196366
VOLUME (BSE)

Key Takeaways:

  • JSW Neo Energy acquired 125 MW wind energy assets for ₹630 crore.

  • The portfolio spans Andhra Pradesh and Maharashtra with long-term PPAs.

  • Blended tariff: ₹5.22 per KWh; average plant life: 15 years.

Also read: Biocon Biologics’ Johor Bahru Facility Receives FDA VAI Classification

Overview of the renewable portfolio

The 125 MW renewable energy portfolio consists of assets housed under three Special Purpose Vehicles (SPVs) owned by Hetero Labs Ltd and Hetero Drugs Ltd. The portfolio's consistent energy production and favourable tariff strengthen JSW Energy’s operational stability and long-term growth.

Details of Acquisition

Specifications

Total Capacity

125 MW

Locations

Andhra Pradesh, Maharashtra

Blended Tariff

₹5.22/KWh

Remaining Plant Life

15 years

Enterprise Value

₹630 crore

Strengthening JSW Energy’s diverse portfolio

This acquisition brings JSW Energy’s total locked-in capacity to 24.7 GW, which includes a diverse mix of fuel types and power offtakers. The company continues to focus on renewable energy growth, aiming to achieve a 60% renewable energy share by 2030. The strategic move supports JSW Energy’s vision for sustainable energy solutions, offering a positive outlook for the JSW Energy share price.

The successful acquisition of Hetero Group’s renewable assets reflects JSW Energy’s dedication to enhancing its renewable energy capacity. With robust plans for expansion and a growing clean energy portfolio, JSW Energy remains a key player in the renewable energy market. Investors are closely monitoring developments around the JSW Energy share price.

Also read: Interarch Secures ₹221 Crore Projects in Semiconductors & Energy Storage

Do you have a trading account app or demat account app?

You can open an account with Bajaj Broking in minutes.

Download the Bajaj Broking app now from Play Store or App Store.

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

For All Disclaimers Click Here: https://bit.ly/3Tcsfuc

Share this article: 

Read More Blogs

Disclaimer :

The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes.

The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.

Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.

BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.

Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

[ Read More ]

For more disclaimer, check here : https://www.bajajbroking.in/disclaimer

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

9.5 lakh+ Users

icon-with-text

4+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4400+ Cr MTF Book

icon-with-text