JSW Energy Signs Agreement For Blended Wind Capacity; Stock Edges Lower

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Shares of JSW Energy have been final buying and selling 0.77 pe current decrease at Rs 109.50 on the BSE.

Share Price of JSW Energy edged decrease by one per cent on Tuesday, May 4, a day after the corporate signed a energy buy settlement with the Solar Energy Corporation of India or SECI for 540 megawatt (MW) of wind-based electrical energy. On Tuesday, JSW Energy opened on the BSE at Rs 115.55, touching an intra day excessive of Rs 116 and an intra day low of Rs 106.50, within the buying and selling session to this point. According to a regulatory submitting by the agency to the BSE, JSW Energy signed an influence buy settlement to PPA with SECI for the contracted capability of 540 MW out of a complete awarded capability of 810 MW.

According to the assertion, the present settlement is the single largest energy buy settlement for the wind/blended wind class within the business, and in addition marks the foray of the corporate into the wind or blended wind power technology phase. JSW Renew Energy Limited is a wholly-owned subsidiary of JSW Future Energy Limited.

On the NSE, JSW Energy opened at Rs 114.95, witnessing an intra day excessive of Rs 116 and an intra day low of Rs 106.50, within the session to this point. It was final buying and selling 0.90 per cent decrease at Rs 109.55 on the NSE.

Shares of JSW Energy have been final buying and selling 0.77 pe current decrease at Rs 109.50 on the BSE.



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