{"id":337909,"date":"2020-02-18T11:58:22","date_gmt":"2020-02-18T06:28:22","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=337909"},"modified":"2020-02-18T11:58:22","modified_gmt":"2020-02-18T06:28:22","slug":"jsw-acquires-gmrs-1050-mw-odisha-power-unit-in-rs-5321-crore-deal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jsw-acquires-gmrs-1050-mw-odisha-power-unit-in-rs-5321-crore-deal\/","title":{"rendered":"JSW acquires GMR\u2019s 1,050 MW Odisha power unit in Rs 5,321 crore deal"},"content":{"rendered":"<p>JSW Energy Ltd said Monday that it will take over 100% stake in GMR Kamalanga Energy Ltd (GKEL) \u2015 the business unit of GMR Infrastructure that houses the 1,050 mega-watt (MW) thermal power plant in Odisha \u2015 for Rs 5,321 crore. After the acquisition, JSW Energy\u2019s installed power generation capacity would reach 5,609 MW. About 84% of the power plant\u2019s capacity supplies electricity to Odisha, Haryana and Bihar under long-term power purchase agreements. It also has adequate coal supply arrangements from nearby mines, reducing fuel costs and resulting in lower risks of under-recoveries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JSW Energy Ltd said Monday that it will take over 100% stake in GMR Kamalanga Energy Ltd (GKEL) \u2015 the business unit of GMR Infrastructure that houses the 1,050 mega-watt (MW) thermal power plant in Odisha \u2015 for Rs 5,321 crore. After the acquisition, JSW Energy\u2019s installed power generation capacity would reach 5,609 MW. About 84% of the power plant\u2019s capacity supplies electricity to Odisha, Haryana and Bihar under long-term power purchase agreements. It also has adequate coal supply arrangements from nearby mines, reducing fuel costs and resulting in lower risks of under-recoveries.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-337909","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/337909","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=337909"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/337909\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=337909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=337909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=337909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}