The company, which is no longer investing in thermal power, will look at several debt funding instruments for its renewable projects
Several top companies, led by steel majors ArcelorMittal Nippon Steel India (AM/NS India), JSW Steel, Tata Steel and Hindalco, are planning to expand capacity in the next few quarters
The company attributed the slip in profit to the Covid-19 pandemic and the decline of merchant power sales
The board in its meeting on Friday recommended declaration of dividend of Rs 2 per equity share of Rs 10
Tata Power, for instance, has reduced its consolidated net debt by Rs 11,400 crore in the last three years to Rs 36,559 crore as on March 31, 2021
Tata Power Company, CESC, Bharat Heavy Electricals (BHEL) and NTPC were quoting at their respective 52-week high levels
JSW Energy on Tuesday said that its arm JSW Hydro Energy has raised USD 707 million through green bonds abroad. "JSW Hydro Energy raises USD 707 million from international bond markets through debut Green Bond Issue under 144A / Reg S format," a JSW Energy statement said. According to statement, JSW Hydro Energy has priced the fixed rate senior secured green 144A/Reg S Bond for a 10-year tenor at 4.125 per cent. The proceeds from the issuance will be used towards repayment of existing green project-related rupee-denominated indebtedness, it said. The green bond framework for the company's debut bond transaction has been reviewed by Sustainalytics, who has issued a second party opinion. The company engaged with several investors on a global deal roadshow across Hong Kong, Singapore, London, New York and Los Angeles. Backed by an extremely strong investor feedback, the transaction was launched with an initial price guidance of 4.500 per cent area and tightened by 37.5 bps (basis po
Offer generates good response, closes at much lower rate than initially guided
The rating has been assigned to JSW Hydro Energy Limited's proposed US-dollar senior secured notes due 2031.
JSW Energy on Tuesday said its arm JSW Hydro Energy will issue USD-denominated notes (green bonds) in overseas markets to raise funds
Larsen & Toubro Technology Services (LTTS) posted a 5 per cent decline in consolidated net profit at Rs 194.5 crore in the March 2021 quarter
The company won these projects in a competitive bidding done by SECI
Asian Paints seems to have completed its corrective move and are poised for a resumption of the uptrend
The board also approved the appointment of Munesh Khanna as additional and independent director at JSW Energy
JSW Energy has inked a business transfer agreement with JSW Cement for the sale of 18 megawatt (MW) thermal power plant at Salboni, in West Bengal for Rs 95.67 crore
The power ministry, in a recent notification dated January 29, had extended the mandatory HPO till 2030.
Renuka Ramnath-led Multiples Private Equity sold nearly 12 lakh shares of multiplex chain operator PVR worth Rs 179 crore through open market transactions
The firm on Friday reported over 68 per cent dip in its consolidated net profit
JSW Energy's joint MD and CEO Prashant Jain speaks about the company's growth opportunities
The company had reported a net profit of Rs 352.98 crore in the quarter ended September 30, 2019, it said in a regulatory filing