JSW Energy unit to buy $1.3 billion renewable assets from Mytrah Energy
India’s JSW Energy NSE 0.93 % said on Wednesday that its unit JSW Neo Energy has agreed to buy some renewable energy capacity from Mytrah Energy (India) for about 105.30 billion rupees ($1.32 billion).
The energy unit will buy a portfolio of solar and wind power assets with a capacity of 1,753 megawatts, boosting parent JSW Energy’s operational generation capacity by over 35% to 6,537 MW, according to an official statement.
