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 thermal power plant at Korba, Chhattisgarh. The plant has a longterm Power Purchase Agreement (PPA) of 195 MW (net) with Rajasthan discoms, routed through PTC India, with a residual PPA life of ~14 years. In addition, the plant provides 5% power at variable cost to
the Chhattisgarh discom, while the balance ~64 MW capacity is sold in the merchant market. Coal is secured through a long-term Fuel Supply Agreement with SECL, and linkage under the SHAKTI scheme.

The transaction values MCCPL at an Enterprise Value of approximately ₹1,410 crore, subject to customary closing adjustments as per the definitive agreements. The acquired asset's estimated FY26 EBITDA stood at ~₹279 crore. This operating asset is EBITDA and PAT-accretive, while also reducing the Company's net leverage and strengthening overall balance sheet resilience.

Mr. Sharad Mahendra, Joint Managing Director and CEO of JSW Energy said: "This acquisition reflects our disciplined 'Build vs. Buy' approach, where we pursue calibrated value accretive inorganic opportunities. MCCPL has an operating asset that is earnings accretive from day one, strengthening both our thermal portfolio and our cash flows. As we fortify our thermal generation capacity, we remain proud to play our part in powering India's growth and supporting the nation's energy security. This transaction is another step in building a balanced, resilient portfolio that delivers sustainable returns while meeting the country's rising energy needs"