JSW Energy’s shares surged 4 % in morning trade on September 11. Reports indicate that private equity firms TPG, Tokyo Electric Power Company (Tepco), and Brookfield are in advanced discussions to acquire a stake in JSW Neo Energy, a subsidiary of JSW Energy.
JSW Group aims to raise up to $500 million through this stake sale to fuel expansion in the renewable energy sector. JSW Neo Energy will serve as the hub for the group’s upcoming green power projects and streamline its renewables portfolio.
Global investors like TPG, Tepco, and Brookfield’s interest highlights India’s appeal in the renewable energy sector. JSW Neo Energy recently acquired 1.75 GW of renewable energy generation capacity from Mytrah Energy for Rs 10,530 crore.
For feedback and suggestions, write to us at editorial@iifl.com.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2026, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
