JSW Energy to finalise recast plan by December: CEO
Sajjan Jindal-led JSW Energy aims to finalise a scheme of arrangement to recast its business to split it into two– renewable and thermal– in a “few weeks”, Prashant Jain, joint managing director and chief executive officer told ET.
The company’s board has granted an in-principle approval for evaluations of options for re-organizing the company’s green (renewable) energy and grey (thermal) businesses. The company has around 1,400 megawatts (mw) of renewable energy and 3,158 mw of thermal power capacity.
