JSW Energy Shares Rise Over 2% After CCI Approval for KSK Mahanadi Acquisition

JSW Energy Limited’s share price surged by 2.58% on March 5, 2025, reaching ₹493.65 as of 10:27 AM on the NSE. The stock opened at ₹479.25, marking an intraday low at the same level before hitting a high of ₹493.90.

JSW Energy Expands Its Portfolio

JSW Energy Limited has made significant strides in strengthening its energy portfolio with two key developments. The company recently received approval from the Competition Commission of India (CCI) for the acquisition of KSK Mahanadi Power Company Limited, marking a major expansion in the thermal power sector.

Additionally, JSW Energy has successfully added 159 MW of greenfield wind power capacity, reinforcing its commitment to renewable energy growth.

CCI Approves JSW Energy’s Acquisition of KSK Mahanadi Power

JSW Energy has secured CCI’s approval to acquire KSK Mahanadi Power Company Limited, a significant milestone in its expansion strategy. This acquisition follows the approval of the company’s resolution plan by the National Company Law Tribunal (NCLT), Hyderabad.

KSK Mahanadi Power operates one of India’s largest coal-based power projects, with an installed capacity of 3,600 MW.

This acquisition is expected to strengthen JSW Energy’s thermal power segment, enhance its operational capacity, and support India’s growing energy needs.

JSW Energy Adds 159 MW of Wind Power Capacity

In a parallel development, JSW Energy has expanded its renewable energy portfolio by adding 159 MW of greenfield wind power capacity. With this addition, the company’s total operational capacity has reached 8,400 MW, of which 2,826 MW comes from wind energy.

The newly added capacity is available ahead of the peak wind season, positioning JSW Energy to meet the rising energy demand efficiently. The company continues to push its renewable energy agenda, with an under-construction capacity of approximately 8 GW and a long-term target of achieving 20 GW of total installed power generation capacity before 2030.

Conclusion

JSW Energy’s latest developments—securing CCI approval for the acquisition of KSK Mahanadi Power and expanding its renewable energy capacity with an additional 159 MW of wind power—underscore the company’s strategic growth approach.

These moves not only enhance its thermal and renewable energy portfolio but also position JSW Energy as a key player in India’s evolving power sector.

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