JSW Neo Energy Limited, a wholly-owned subsidiary of JSW Energy Limited has completed the acquisition of 1,753 MW of renewable energy assets from Mytrah Energy (India) Private Limited (MEIPL).
This entails acquisition of 15 SPVs (special purpose vehicles) and 13 ancillary SPVs having 1,449 MW of total installed renewable energy capacity. The said 28 subsidiaries of MEIPL have now become subsidiaries of JSW Neo and accordingly step-down subsidiaries of the Company.
