JSW Energy to purchase renewable assets from Mytrah Energy
POWER & RENEWABLE ENERGY

JSW Energy to purchase renewable assets from Mytrah Energy

JSW Neo Energy, a wholly owned subsidiary of JSW Energy will acquire a portfolio of 1,753 MW of renewable energy generation capacity from Mytrah Energy (India) Private Limited for Rs 10,530 crore, the company said today. The Mytrah Portfolio consists of 10 wind SPVs and seven solar SPVs with generation capacities of 1,331 MW and 422 MW (487 MWp DC) respectively, operating primarily in the southern, western and central parts of India.

The assets have a proven operational track record and long-term PPA with an average remaining life of 18 years. With about 2,500 MW of under-construction wind and hydro projects, to be commissioned in phases over the next 18-24 months, JSW Energy's platform capacity will enhance to 9.1 GW.

Also read:
Rays Power Infra announces completion of 150 MW grid-connected solar
Lok Sabha passes bill to promote use of non-fossil fuels

JSW Neo Energy, a wholly owned subsidiary of JSW Energy will acquire a portfolio of 1,753 MW of renewable energy generation capacity from Mytrah Energy (India) Private Limited for Rs 10,530 crore, the company said today. The Mytrah Portfolio consists of 10 wind SPVs and seven solar SPVs with generation capacities of 1,331 MW and 422 MW (487 MWp DC) respectively, operating primarily in the southern, western and central parts of India. The assets have a proven operational track record and long-term PPA with an average remaining life of 18 years. With about 2,500 MW of under-construction wind and hydro projects, to be commissioned in phases over the next 18-24 months, JSW Energy's platform capacity will enhance to 9.1 GW. Also read: Rays Power Infra announces completion of 150 MW grid-connected solar Lok Sabha passes bill to promote use of non-fossil fuels

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?