{"id":513595,"date":"2022-08-11T11:56:39","date_gmt":"2022-08-11T06:26:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=513595"},"modified":"2022-08-11T13:12:12","modified_gmt":"2022-08-11T07:42:12","slug":"jsw-acquires-mytrahs-green-power-for-rs-11000-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jsw-acquires-mytrahs-green-power-for-rs-11000-crore\/","title":{"rendered":"JSW acquires Mytrah\u2019s green power for Rs 11,000 crore"},"content":{"rendered":"<p>MUMBAI: JSW Energy will acquire the renewable portfolio of Mytrah Energy for Rs 10,531 crore in what will be its biggest M&amp;A ever. The deal leapfrogs JSW\u2019s power generation capacity by more than 35% to 6. 5 gigawatts (GW) and pushes it towards net zero emissions. <\/p>\n<p>Mytrah\u2019s renewable portfolio, comprising more than eight wind farms and three solar units in the country, had a revenue of Rs 1,467 crore in fiscal 2022. It is the latest acquisition of low-carbon generation by a large electricity producer as companies attempt to reduce planetwarming fossil fuels. Last year, Adani Green Energy bought SoftBank\u2019s renewable portfolio for $3. 5 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: JSW Energy will acquire the renewable portfolio of Mytrah Energy for Rs 10,531 crore in what will be its biggest M&amp;A ever. The deal leapfrogs JSW\u2019s power generation capacity by more than 35% to 6. 5 gigawatts (GW) and pushes it towards net zero emissions. Mytrah\u2019s renewable portfolio, comprising more than eight wind farms and three solar units in the country, had a revenue of Rs 1,467 crore in fiscal 2022. It is the latest acquisition of low-carbon generation by a large electricity producer as companies attempt to reduce planetwarming fossil fuels. Last year, Adani Green Energy bought SoftBank\u2019s [&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":[130,246,137],"tags":[],"class_list":["post-513595","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/513595","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=513595"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/513595\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=513595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=513595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=513595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}