Introduction:
Green energy stock has secured CCI approval to acquire KSK Mahanadi Power, following NCLT’s clearance. This move strengthens its power generation capacity, aligning with expansion plans to boost operational efficiency and support India’s growing energy needs with sustainable solutions.
Share Price movement of JSW Energy:
On March 5, 2025, JSW Energy Limited opened at ₹479.25, reaching a high of ₹498.40, up 3.46% from its previous close of ₹481.25, and a low of ₹479.25. Currently, the stock is trading at ₹497.90, with a market cap of ₹87,021.39 crore.
JSW Energy got approval for acquisition:
JSW Energy Limited has received approval from the Competition Commission of India (CCI) for acquiring KSK Mahanadi Power Company Limited. This follows the approval of JSW Energy’s Resolution Plan by the National Company Law Tribunal (NCLT), Hyderabad, marking a key step in the acquisition process.
This acquisition aligns with JSW Energy’s expansion strategy, strengthening its power generation portfolio. With regulatory approvals in place, the company aims to enhance its operational capacity and contribute to India’s growing energy sector while ensuring a smooth transition of ownership.
Recent news About JSW Energy:
JSW Energy is in talks with South Korea’s LG Energy Solution to establish a $1.5 billion joint venture for manufacturing batteries for electric vehicles and energy storage. The proposed 10 GWh plant aims to support JSW’s EV ambitions and bolster India’s clean energy infrastructure.
Stock performance of JSW Energy for Period of 1 week, 6 months and 1 year:
JSW Energy’s stock gained 3% over the past week, showing short-term recovery. However, over six months, it declined by 32.2%, indicating a challenging phase. In the past year, the stock dropped 5.54%, reflecting volatility despite recent positive movement in the short term.
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Shareholding pattern of JSW Energy:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 69.32 | 69.32 | 69.32 |
| FII | 14.57 | 14.92 | 15.37 |
| DII | 10.05 | 9.78 | 9.21 |
| Retail & others | 6.07 | 5.96 | 6.09 |
About JSW Energy :
JSW Energy is a leading power generation company in India, focusing on thermal, hydro, and renewable energy projects. It aims to expand its green energy portfolio, supporting India’s sustainable growth through innovation, efficiency, and strategic acquisitions in the power sector.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
