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JSW Energy to acquire Chhattisgarh-based thermal power plant operator Maruti Clean Coal & Power
JSW Energy said that it has signed a definitive agreement with Kolahai Infotech and SFI Parcel Services to acquire 100% equity shares of Maruti Clean Coal & Power (MCCPL).
JSW Energy acquires MCCPL to strengthen thermal portfolio
JSW Energy is acquiring Maruti Clean Coal & Power Limited for Rs 1,410 crore. This move supports JSW Energy's goal of reaching 30GW capacity by 2030. The acquired company operates a 300 MW thermal plant in Chhattisgarh. This acquisition strengthens JSW Energy's thermal portfolio and cash flows. It also enhances regional thermal power operations.
JSW Energy to acquire 300 MW thermal power project in Chhattisgarh
Upon consummation of the transaction, MCCPL will become a wholly-owned subsidiary of the Company.
Energy costs and El-Nino could slow growth and lift inflation, warns HSBC’s Pranjul Bhandari
Pranjul Bhandari, Chief India Economist at HSBC, says economic growth has remained resilient so far, supported by strong manufacturing activity and inventory build-up. However, she expects the impact of higher energy prices and a potential El Niño-driven weather shock to become more visible in growth and inflation data from the July-September quarter of 2026 (Q2FY27). Bhandari also believes RBI measures could attract significant capital inflows, improve banking system liquidity and provide support to the formal economy.
JSW Energy inks agreement to acquire Maruti Clean Coal and Power for ₹1,400 crore
JSW Energy to acquire 100% of Maruti Clean Coal and Power, adding a 300 MW Chhattisgarh plant toward its 30 GW by FY 2030 goal, pending land and lender approvals
Ather Energy's board OKs Rs 2,500-cr fundraising intiative
Ather Energy announced that its board has approved a proposal to raise up to Rs 2,500 crore through the issuance of various securities.
Proposed US-Iran Deal Hinges On Risky Plan Of Sequenced Rewards
In the best-case scenario for both sides, that could also officially start winding down an unpopular war that has spiked global energy prices and fueled inflation around the world.
Hitachi Energy India confirms no encumbrance on shares in FY26 - scanx.trade
Hitachi Energy India confirms no encumbrance on shares in FY26scanx.trade
Ather Energy board approves ₹2,500 crore fundraise via QIP, rights issue and FCCBs
Shares of Ather Energy Ltd ended at ₹1,028.15, up by ₹0.30, or 0.029%, on the BSE.
US Energy Secy Says Military Helped Move 7 Million Barrels Of Oil A Day Amid Hormuz Deadlock
Wright stated that if an agreement is reached, some sanctions against Iran might be partially eased.
JSW Energy commissions 150 MW Tidong hydro project, total capacity rises to 13,900 MW
Shares of JSW Energy Ltd ended at ₹560.10, up by ₹8.05, or 1.46%, on the BSE.
Hitachi Energy India to set up Rs 2,000 cr large power transformer factory in Gujarat
Hitachi Energy India will invest approximately Rs 2,000 crore to build a new Large Power Transformer factory in Karjan, Vadodara, Gujarat. This significant investment aims to boost manufacturing capabilities and support India's growing electricity demand. The factory is scheduled for completion in FY28. It is expected to create over 1,000 jobs and strengthen the nation's energy value chain.