{"id":286438,"date":"2019-08-07T05:55:36","date_gmt":"2019-08-07T05:55:36","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=286438"},"modified":"2019-08-07T05:55:36","modified_gmt":"2019-08-07T05:55:36","slug":"jsw-energy-reports-marginally-higher-profit-in-q1","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jsw-energy-reports-marginally-higher-profit-in-q1\/","title":{"rendered":"JSW Energy reports marginally higher profit in Q1"},"content":{"rendered":"<p>Mumbai: JSW Energy, a part of the Sajjan Jindal group, reported a net profit of \u20b9237.27 crore during the third quarter of 2019-20, a marginal improvement from \u20b9229.53 crore a year ago. Earnings remained stable an a year-on-year basis as fuel and finance costs fell from the year-ago period.<\/p>\n<p>The company is going to foray into the solar power sector, said Sharad Mahendra, director and chief operating officer, JSW Energy. &#8220;We are examining the environment in solar power and will consider participating in reverse bidding for setting up projects. In the first rush to set up solar plants, there was a lot of dollar-funded private equity investors participating who brought the tariffs down. We believe this has stabilized now and tariffs at \u20b92.60-2.85 per kWh range suit a long-term player like us.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: JSW Energy, a part of the Sajjan Jindal group, reported a net profit of \u20b9237.27 crore during the third quarter of 2019-20, a marginal improvement from \u20b9229.53 crore a year ago. Earnings remained stable an a year-on-year basis as fuel and finance costs fell from the year-ago period. The company is going to foray into the solar power sector, said Sharad Mahendra, director and chief operating officer, JSW Energy. &#8220;We are examining the environment in solar power and will consider participating in reverse bidding for setting up projects. In the first rush to set up solar plants, there was [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-286438","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286438","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=286438"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286438\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=286438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=286438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=286438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}