JSW Energy Closes Rs 124.68B Deal for 4.7 GW Green Power Assets

11 Apr 2025 CW Team

JSW Energy has announced the successful completion of its Rs 124.68 billion acquisition of a 4.7 GW renewable energy platform from O2 Power. The transaction was carried out through JSW Neo Energy, a wholly owned subsidiary of JSW Energy, marking one of the largest deals in the Indian renewables sector.

The acquisition includes 1.7 GW of operational capacity and an additional 2 GW under construction, with the remaining 1 GW in advanced stages of development. With this addition, JSW Energy’s total renewable portfolio rises to 11.1 GW, bringing the company’s overall installed capacity to 13.3 GW.

The deal aligns with JSW Energy’s strategic goal of achieving 20 GW of generation capacity by 2030, with around 85 per cent of that being powered by renewable sources. The company aims to play a key role in India’s clean energy transition and reduce its reliance on fossil fuel-based power generation.

JSW Energy also noted that the acquisition will significantly expand its presence in the solar and wind energy segments, supporting its long-term vision for sustainable and diversified energy assets.

The transaction reinforces the company’s growth trajectory in green energy, positioning it among the leading renewable players in the country.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..