JSW Energy shares rose 4.39% after the company became the successful applicant to acquire KSK Mahanadi Power Company, which owns a 3,600 MW thermal plant. The acquisition, pending regulatory approvals, will increase JSW Energy’s total thermal generation capacity to 7.5 GW and overall capacity to 28.2 GW, bringing it closer to its 2030 target.
FPIs pare stake in Adani companies, DIIs raise holdings
Late November, the Gautam Adani-owned group was hit by indictment charges from the US judicial and regulatory platforms, although the management of the conglomerate denied
January 15, 2025