{"id":647097,"date":"2025-09-20T09:54:14","date_gmt":"2025-09-20T04:24:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=647097"},"modified":"2025-09-20T09:56:47","modified_gmt":"2025-09-20T04:26:47","slug":"jsw-energy-shares-up-3-rise-for-2nd-straight-session-heres-why","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jsw-energy-shares-up-3-rise-for-2nd-straight-session-heres-why\/","title":{"rendered":"JSW Energy shares up 3%, rise for 2nd straight session: Here\u2019s why"},"content":{"rendered":"<p>Shares of JSW Energy shares rallied as much as 3% to their day\u2019s high of Rs 552 on the NSE on Friday, September 19, after the company announced that JSW Neo Energy, a wholly-owned subsidiary, has signed a definitive agreement with Statkraft IH Holding AS to acquireTidong Power Generation Private Limited. With today&#8217;s gain, the stock is up for a second consecutive session. <\/p>\n<p>The deal is valued at Rs 39 crore and the acquisition would help the company in achieving its renewable-led capacity growth target of 30 GW by FY 2030, the company said in a regulatory filing on September 18. The Company has set a target to reach 30 GW generation capacity and 40 GWh of storage capacity by FY 2030, with the share of renewable energy generation increasing to 70% by FY 2030.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of JSW Energy shares rallied as much as 3% to their day\u2019s high of Rs 552 on the NSE on Friday, September 19, after the company announced that JSW Neo Energy, a wholly-owned subsidiary, has signed a definitive agreement with Statkraft IH Holding AS to acquireTidong Power Generation Private Limited. With today&#8217;s gain, the stock is up for a second consecutive session. The deal is valued at Rs 39 crore and the acquisition would help the company in achieving its renewable-led capacity growth target of 30 GW by FY 2030, the company said in a regulatory filing on September [&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":[130,239,136],"tags":[],"class_list":["post-647097","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/647097","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=647097"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/647097\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=647097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=647097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=647097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}