JSW Energy Acquiring Reliance Power's Wind Project

29 Mar 2024 CW Team

The acquisition involves the transfer of Reliance Power's 3.30-megawatt (MW) wind power project, located in Vashpet, Maharashtra. This strategic investment underscores JSW Energy's dedication to scaling up its renewable energy capacity, leveraging India's vast potential in wind energy generation. With this acquisition, JSW Energy aims to further diversify its energy portfolio and reinforce its position as a key player in the country's renewable energy landscape.

Renewable energy is increasingly becoming a focal point for businesses worldwide, driven by the imperative to mitigate climate change and reduce carbon emissions. JSW Energy's move to acquire Reliance Power's wind project reflects its forward-thinking approach and commitment to sustainable development. By harnessing wind energy, JSW Energy aims to contribute to India's renewable energy targets and foster a greener, more sustainable future for the nation.

This acquisition also underscores JSW Energy's confidence in the long-term viability and potential of the renewable energy sector in India. With increasing government support and growing awareness of the benefits of renewable energy, the sector presents significant opportunities for investment and growth. JSW Energy's strategic acquisition of Reliance Power's wind project positions the company to capitalise on these opportunities and drive further expansion in the renewable energy market.

In summary, JSW Energy's acquisition of Reliance Power's wind project represents a significant step towards strengthening its presence in the renewable energy sector and underscores its commitment to sustainability and clean energy transition in India.

JSW Energy, a subsidiary of JSW Group, is set to bolster its renewable energy portfolio with the acquisition of Reliance Power's wind project for INR 132 crore. The move signifies JSW's commitment to enhancing its presence in the renewable energy sector, aligning with global sustainability goals and contributing to India's clean energy transition. The acquisition involves the transfer of Reliance Power's 3.30-megawatt (MW) wind power project, located in Vashpet, Maharashtra. This strategic investment underscores JSW Energy's dedication to scaling up its renewable energy capacity, leveraging India's vast potential in wind energy generation. With this acquisition, JSW Energy aims to further diversify its energy portfolio and reinforce its position as a key player in the country's renewable energy landscape. Renewable energy is increasingly becoming a focal point for businesses worldwide, driven by the imperative to mitigate climate change and reduce carbon emissions. JSW Energy's move to acquire Reliance Power's wind project reflects its forward-thinking approach and commitment to sustainable development. By harnessing wind energy, JSW Energy aims to contribute to India's renewable energy targets and foster a greener, more sustainable future for the nation. This acquisition also underscores JSW Energy's confidence in the long-term viability and potential of the renewable energy sector in India. With increasing government support and growing awareness of the benefits of renewable energy, the sector presents significant opportunities for investment and growth. JSW Energy's strategic acquisition of Reliance Power's wind project positions the company to capitalise on these opportunities and drive further expansion in the renewable energy market. In summary, JSW Energy's acquisition of Reliance Power's wind project represents a significant step towards strengthening its presence in the renewable energy sector and underscores its commitment to sustainability and clean energy transition in India.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..