{"id":641069,"date":"2024-04-08T09:36:14","date_gmt":"2024-04-08T04:06:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=641069"},"modified":"2024-04-08T10:38:37","modified_gmt":"2024-04-08T05:08:37","slug":"jsw-energy-announces-completing-rs-5000-cr-qip-to-fund-growth-plans","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jsw-energy-announces-completing-rs-5000-cr-qip-to-fund-growth-plans\/","title":{"rendered":"JSW Energy announces completing Rs 5,000 cr QIP to fund growth plans"},"content":{"rendered":"<p>JSW Energy has raised Rs 5,000 crore through the Qualified Institutions Placement (QIP) route, said the power company late Friday. <\/p>\n<p>&#8220;The proceeds from the QIP will bolster an already strong capital structure even further, significantly enhance our financial flexibility, and enable us to accelerate our ambitious growth plans,&#8221; said Pritesh Vinay, director (finance) and chief financial officer of JSW Energy, in a statement. <\/p>\n<p>The company, in a disclosure earlier, had said the proceeds would be used for investments in JSW Neo Energy, a subsidiary which holds green energy assets and repayment of certain borrowings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JSW Energy has raised Rs 5,000 crore through the Qualified Institutions Placement (QIP) route, said the power company late Friday. &#8220;The proceeds from the QIP will bolster an already strong capital structure even further, significantly enhance our financial flexibility, and enable us to accelerate our ambitious growth plans,&#8221; said Pritesh Vinay, director (finance) and chief financial officer of JSW Energy, in a statement. The company, in a disclosure earlier, had said the proceeds would be used for investments in JSW Neo Energy, a subsidiary which holds green energy assets and repayment of certain borrowings.<\/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":[135,130,232],"tags":[],"class_list":["post-641069","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/641069","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=641069"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/641069\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=641069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=641069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=641069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}