{"id":284360,"date":"2019-07-25T06:47:20","date_gmt":"2019-07-25T06:47:20","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=284360"},"modified":"2019-07-25T06:47:20","modified_gmt":"2019-07-25T06:47:20","slug":"jsw-energy-plans-to-raise-750-m-via-bonds-to-use-funds-for-expansion-debt-repayment","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jsw-energy-plans-to-raise-750-m-via-bonds-to-use-funds-for-expansion-debt-repayment\/","title":{"rendered":"JSW Energy plans to raise $750 m via bonds; to use funds for expansion, debt repayment"},"content":{"rendered":"<p>Sajjan Jindal-led JSW Energy plans to raise around $750 million from international bond sale to fund expansion plans as well as to repay some of its existing debt of over \u20b910,050 crore.<\/p>\n<p>The company has also set a target of achieving 10,000 MW of installed capacity by 2020, a quarter of which will be contributed by renewable energy sources.<\/p>\n<p>JSW Energy has sought shareholders\u2019 approval for the fund raising plan and said the proposed $750 million of long-term debt will be raised by selling non-convertible foreign currency denominated bonds or masala bonds, the company said in the annual report.<\/p>\n<p>Chairman Sajjan Jindal in his address to the shareholders said as a growth-focused company, it has a strategic vision to build a portfolio of 10,000 MW through both organic and inorganic means.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sajjan Jindal-led JSW Energy plans to raise around $750 million from international bond sale to fund expansion plans as well as to repay some of its existing debt of over \u20b910,050 crore. The company has also set a target of achieving 10,000 MW of installed capacity by 2020, a quarter of which will be contributed by renewable energy sources. JSW Energy has sought shareholders\u2019 approval for the fund raising plan and said the proposed $750 million of long-term debt will be raised by selling non-convertible foreign currency denominated bonds or masala bonds, the company said in the annual report. Chairman [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-284360","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/284360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=284360"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/284360\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=284360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=284360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=284360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}