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.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..