Mytrah Energy

The deal, announced in August, is JSW Energy's largest till date; will take the firm's operational generation capacity to 6.5 Gw from 4.8 Gw now, and accelerate its plans to achieve 10 Gw by FY25

Revenue up 16% YoY to Rs 2,596 cr; finance cost rises by 7% due to additional borrowings for ongoing capex

This is the third-biggest acquisition in the renewable energy space in India

India's JSW Energy said on Wednesday that its unit JSW Neo Energy has agreed to buy some renewable energy capacity from Mytrah Energy (India) for about 105.30 billion rupees ($1.32 billion).

JSW group's JSW Energy has targeted to add 15GW renewables to its portfolio with an investment of $10 billion by 2030

Mytrah has built over 1,800 MW of assets spread across 17 wind farms and 21 solar farms in several states

This would help the company in successfully bidding for new projects each year

The renewable energy company's journey has started with its first capital raise of Rs 320 crore in 2010-11

Mytrah's portfolio of wind energy capacity recently touched 917 Mw

For the development of company's new portfolio of wind and solar projects.