Edition:
India

JSW Energy Exec Says Co's Electric Vehicle To Hit Roads In 3-4 Years


Tuesday, 6 Feb 2018 

Feb 6 (Reuters) - JSW Energy Ltd joint MD and CEO Prashant Jain::EXEC SAYS DEMAND GROWTH IN POWER IS VERY ENCOURAGING AND THERE IS CONTRACTION IN SUPPLY.EXEC SAYS THERMAL POWER SUPPLY IS SEEN CONTRACTING GOING FORWARD.EXEC SAYS CO'S LONG TERM POWER PURCHASE AGREEMENT WILL GO UP TO 74 PER CENT BY END OF CURRENT FISCAL YEAR.EXEC SAYS ALL SOLAR POWER PROJECTS OF CO WILL BE COMPLETED BY SEPT 2019.EXEC SAYS "CONTINUE TO BUILD OUR CAPABILITY FOR BUILDING ELECTRIC VEHICLE".JSW ENERGY EXEC SAYS CO WILL LOOK AT BLENDING HALF OF ITS IMPORTED COAL WITH DOMESTIC COAL.JSW ENERGY EXEC SAYS CO IS KEENLY LOOKING AT STRESSED POWER ASSETS FOR CONSOLIDATION.JSW ENERGY EXEC SAYS "WORKING ON A TARGET OF 3-4 YEARS FOR BRINGING OUR FIRST ELECTRIC VEHICLE ON THE ROAD".JSW ENERGY EXEC SAYS COMPANY WILL ALSO ENTER INTO CHARGING INFRASTRUCTURE IN ELECTRIC VEHICLES.