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India

JSW Energy Ltd (JSWE.BO)

JSWE.BO on Bombay Stock Exchange

80.75INR
15 Dec 2017
Change (% chg)

Rs1.40 (+1.76%)
Prev Close
Rs79.35
Open
Rs80.40
Day's High
Rs82.90
Day's Low
Rs79.50
Volume
902,384
Avg. Vol
1,801,437
52-wk High
Rs89.25
52-wk Low
Rs54.70

Latest Key Developments (Source: Significant Developments)

JSW Energy gets order for supply of 200 MW power ​
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Jsw Energy Ltd ::Gets order from Power Company Of Karnataka Ltd (PCKL) for supply of 200 MW power ​.  Full Article

JSW Energy exec says actively looking at reducing net debt substantially in fiscal
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - JSW Energy Ltd joint MD and CEO Prashant Jain speaking at a press conference::Overcapacity concerns in thermal power plants are receding.Board has decided to set up 7 MW of solar power capacity‍​.Company is working to switch to domestic coal in coming quarters.Long term strategy is to have more long term power sales agreements.Secured a credit line for up to 100 MW of rooftop solar.Exec says co will secure domestic coal mines in upcoming coal block options.Exec says actively looking at reducing net debt substantially in fiscal year.  Full Article

India's JSW Energy Sept-qtr consol profit up 37 pct
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - JSW Energy Ltd ::Sept quarter consol profit 2.97 billion rupees versus profit of 2.17 billion rupees last year.Consensus forecast for Sept quarter consol profit was 2.15 billion rupees.Sept quarter consol revenue from operations 20.49 billion rupees versus 20.47 billion rupees last year.Says cost of debt drops by 84 bps by end of Q2‍​‍​.Says suitable SPV being planned for project in Gujarat for setting up facilities for manufacturing electric car and storage battery ‍​.With capacity addition headwinds receding, a better demand-supply scenario expected in medium term for power sector‍​.Working towards developing capability in renewable energy space.  Full Article

JSW Energy gets members' nod to buy power plant from Jindal Steel & Power
Friday, 22 Jul 2016 

JSW Energy Ltd : Gets members' nod for acquisition of 1,000 MW power plant from Jindal Steel & Power, and for further issue of securities .  Full Article

JSW Energy says co has withdrawn istelf from acquisition process of MPCL
Thursday, 21 Jul 2016 

JSW Energy Ltd : Withdrawn istelf from acquisition process of MPCL . Weak merchant prices and recent hardening of intrnational coal prices are expected to put pressure on margins . Expect merchant demand, prices to remian benign unless pick-up in economic activity drives significant demand improvement . Enabling works for Kutehr project, Himachal Pradesh are continuing; project cost is estimated at 29 billion rupees .  Full Article

JSW Energy says June-quarter consol net profit rises 18.7 pct
Thursday, 21 Jul 2016 

JSW Energy Ltd : India's JSW Energy - June-quarter consol net profit 3.67 billion rupees . June-quarter consol net sales 24.11 billion rupees . Consensus forecast for June-quarter net profit was 4.01 billion rupees . India's JSW Energy - consol net profit in June-quarter last year was 3.09 billion rupees as per ind-as; consol net sales was 20.58 billion rupees .  Full Article

Jaiprakash Power Ventures approves transfer of 500 MW Bina thermal power plant to unit
Monday, 18 Jul 2016 

Jaiprakash Power Ventures Ltd : Approved transfer of 500 MW Bina thermal power plant as going concern basis to unit Bina Power Supply Ltd . Approved SPA with JSW Energy Ltd regarding sale of entire securities of BPSL to JSW .  Full Article

Jindal Steel and Power exec says sale of 1000 MW power plant to JSW Energy would cut debt burden
Monday, 4 Jul 2016 

Jindal Steel And Power Ltd : Chair Naveen Jindal says sale of 1000 mw power plant to JSW would be enough to reduce our debt burden . Further company coverage [JNSP.NS] ((Bengaluru Newsroom; +91 80 6749 1130)).  Full Article

JSW Energy seeks members' nod for issue of NCDs worth 50 bln rupees
Tuesday, 28 Jun 2016 

JSW Energy Ltd : Seeks members' nod for issue of NCDs worth 50 billion rupees and issue of securities of up to 75 billion rupees .  Full Article

Jindal Steel And Power approved seeking members' nod for sale of 920 mw CPP to Jindal Power Ltd
Monday, 6 Jun 2016 

Jindal Steel And Power Ltd : Approved seeking members' nod for sale of 920 mw cpp to Jindal power ltd . Approved seeking members nod for divestment of 1000 mw power plant of unit to JSW Energy .  Full Article

BRIEF-JSW Energy gets order for supply of 200 MW power ​

* Gets order from Power Company Of Karnataka Ltd (PCKL) for supply of 200 MW power ​