JSW Energy secures approval for Raigarh Champa acquisition
after close1 source ↓written by the desknot a recommendation
- Power Company
- ₹16,084 cr
JSW Energy has received creditor approval for its acquisition of Raigarh Champa Rail Infrastructure, which is undergoing insolvency proceedings. This follows JSW's earlier acquisition of KSK Mahanadi Power Company for ₹16,084 cr. The rail infrastructure is crucial for coal transportation to KMPCL, enhancing JSW's operational capabilities. ⚡
Not investment advice. For informational purposes only.