JSW Energy to acquire KSK Mahanadi Power for $1.8bn.

JSW Energy, a renewable energy company, agreed to acquire KSK Mahanadi Power, a coal-powered thermal power plant, for $1.8bn. “I am pleased to share a significant milestone in our company's journey as we receive the letter of intent for 3,600 MW KSK Mahanadi thermal power plant. This strategic move positions us to address the increasing energy needs of our nation through a diversified energy mix, integrating both conventional and renewable sources. Strategically located near a coal block, the plant boasts PPA tie-ups and efficient operations, ensuring a reliable power supply. As we move forward, we will continue to explore new opportunities and strive to remain at the forefront of the energy sector,” Sharad Mahendra, JSW Energy Joint Managing Director and CEO .