JSW Energy Secures Rs 12 Bn Through Non-Convertible Debentures
POWER & RENEWABLE ENERGY

JSW Energy Secures Rs 12 Bn Through Non-Convertible Debentures

JSW Energy has successfully raised Rs 12 billion through the issuance of non-convertible debentures (NCDs) on a private placement basis. This follows an earlier decision by the company's board on January 28, 2025, to raise up to Rs 30 billion through the issuance of rated and listed NCDs. The board had also authorised the Finance Committee to oversee all aspects related to the proposed issuance.

In line with this approval, the Finance Committee met on March 4, 2025, and sanctioned the allotment of 1,20,000 unsecured, rated, listed, taxable, and redeemable NCDs, each valued at Rs 1 lakh, resulting in a total fundraising of Rs 12 billion. The issuance of these NCDs was completed on the same day.

This development is part of JSW Energy’s broader financial strategy to strengthen its capital base and support business growth. Non-convertible debentures serve as a key instrument for raising long-term funds, offering investors fixed returns while enabling the company to secure capital without diluting equity. The proceeds from this issuance are expected to be utilised for various operational and strategic initiatives.

With this issuance, JSW Energy continues to reinforce its financial position while aligning with its long-term objectives. The company's approach to fundraising through debt instruments reflects its commitment to prudent financial management and sustainable growth.

News source: NDTV Profit

JSW Energy has successfully raised Rs 12 billion through the issuance of non-convertible debentures (NCDs) on a private placement basis. This follows an earlier decision by the company's board on January 28, 2025, to raise up to Rs 30 billion through the issuance of rated and listed NCDs. The board had also authorised the Finance Committee to oversee all aspects related to the proposed issuance. In line with this approval, the Finance Committee met on March 4, 2025, and sanctioned the allotment of 1,20,000 unsecured, rated, listed, taxable, and redeemable NCDs, each valued at Rs 1 lakh, resulting in a total fundraising of Rs 12 billion. The issuance of these NCDs was completed on the same day. This development is part of JSW Energy’s broader financial strategy to strengthen its capital base and support business growth. Non-convertible debentures serve as a key instrument for raising long-term funds, offering investors fixed returns while enabling the company to secure capital without diluting equity. The proceeds from this issuance are expected to be utilised for various operational and strategic initiatives. With this issuance, JSW Energy continues to reinforce its financial position while aligning with its long-term objectives. The company's approach to fundraising through debt instruments reflects its commitment to prudent financial management and sustainable growth. News source: NDTV Profit

Next Story
Infrastructure Urban

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Next Story
Infrastructure Transport

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

Next Story
Infrastructure Transport

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?