JSW Energy to Acquire 300 MW Maruti Clean Coal & Power Limited

JSW Energy Limited has signed a definitive agreement with Kolahai Infotech Private Limited and SFI Parcel Services Private Limited, to acquire 100% equity shares of Maruti Clean Coal & Power Limited (“MCCPL”). The transaction is subject to receipt of the necessary regulatory and customary approvals under the definitive agreements. Upon consummation of the transaction, MCCPL will become a wholly-owned subsidiary of the Company.

MCCPL owns and operates a 300 MW...