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Block deal: JSW Energy sells Rs 3,150 crore JSW Steel stake to GQG, SBI Mutual Fund
JSW Energy has divested a portion of its JSW Steel stake for Rs 3,150 crore to fund its aggressive power generation expansion. The company aims to reach 30 GW capacity by 2030, bolstered by both renewable and thermal power projects. This strategic move enhances capital allocation and supports long-term growth initiatives.
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thehindubusinessline.com
JSW Steel, along with JVs, target 80 mt capacity by 2030: Joint MD & CEO Jayant Acharya
JSW Steel aims for 80 mt capacity by 2030, leveraging joint ventures and strategic investments amid market challenges.
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JSW Energy sells 2.5 crore JSW Steel shares for ₹3,150 cr via bulk deal
JSW Energy on Monday announced the sale of 2.5 crore equity shares in JSW Steel for ₹3,150 crore through a bulk deal on the National Stock Exchange of India Ltd on May 18.
