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.
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Equity benchmarks closed the last week on a subdued note, ending with modest losses amid heightened volatility. The current holiday-shortened week is expected to be