JSW Energy increases stake in Toshiba JSW Power Systems to 20.7%
pre-market1 source ↓written by the desknot a recommendation
- Power Systems
- 20.7%
- supporting
- 10,658 MW thermal generation target
JSW Energy has completed a ₹150 crore acquisition of shares from Toshiba Corporation, raising its stake in Toshiba JSW Power Systems to 20.7%. This strategic move enhances access to high-efficiency turbine generators, supporting its 10,658 MW thermal generation target. The acquisition secures essential manufacturing capacity for long-term power expansion plans.
Not investment advice. For informational purposes only.