The deal is part of JSW's plan to achieve power generation capacity of 10,000 Mw by 2020
The stock rallied 15% to Rs 81.20 on the BSE on back of heavy volumes.
The company's revenue, which came in at Rs 2,706 cr in Q4FY16, grew at 22% y-o-y
Net generation increased to 5,894 million units as against 4,698 million units a year ago