JSW Energy gets Rajasthan Govt nod to continue lignite mining operations

29 Apr 2022 , 03:12 PM

Barmer Lignite Mining Company is a 51:49 joint venture between Rajasthan State Mines and Minerals and JSW Energy (Barmer) (JSWEBL), a wholly-owned subsidiary of JSW Energy.

We continue to work with the relevant stakeholders to ensure continuous lignite supply to JSWEBLs 1080 MW power plant at Barmer,? JSW Energy said in a statement.

JSW Energy is one of the leading private sector power producers in India and part of the $13 billion JSW Group. JSW Energy has established its presence across the value chains of power sector with diversified assets power generation, and transmission.

The companys consolidated net profit surged 162.23% to Rs 323.93 crore on 17.69% increase in net sales to Rs 1,893.54 crore in Q3 December 2021 over Q3 December 2020.

The scrip fell 3.48% to currently trade at Rs 319 on the BSE.

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