As of FY2025, O2 Power has an put in capability of 1,343 MW, taking JSW Energy’s complete put in capability to 12,212 MW. Of this, 6,554 MW — round 54% — is from renewable sources. The acquisition marks a serious step in JSW Energy’s ambition to transition towards clear vitality.
The platform is predicted to contribute a gentle-state EBITDA of ₹1,500 crore from 2,259 MW capability prone to be operational by June 2025. With a further capex of ₹13,500 crore, JSW goals to scale the total 4,696 MW by June 2027, producing an estimated regular-state EBITDA of ₹3,750 crore yearly.
Additionally Learn: JSW Energy raises ₹800 crore through NCDs in two tranches
The acquired platform includes 4,100 MW of utility-scale RE initiatives and C&I capability of 596 MW. Of the whole platform capability, 3,722 MW is tied up below PPAs with excessive-credit score-high quality off-takers, comprising each utility scale and industrial and industrial (C&I) prospects.
Whereas 974 MW of capability has acquired a Letter of Award/Intent and is awaiting PPA signing. The acquired property are unfold throughout seven useful resource-wealthy states, primarily working in western India. The portfolio encompasses a effectively-diversified vitality combine, together with 1.8 GW of photo voltaic, 0.5 GW of wind ,1.6 GW of hybrid and 0.9 GW of advanced options like FDRE/RTC.
The platform has a blended common tariff of ₹3.37/kWh. PWC have been the transaction advisor to the corporate, whereas Khaitan & Co and Herbert Smith have been the authorized advisors, KPMG carried out monetary and tax due diligence, and Wind Guard carried out the technical due diligence.
Additionally Learn: JSW Energy put in era capability touches 10.9 GW in FY25
Sharad Mahendra, Joint Managing Director and CEO of JSW Energy, This acquisition brings excessive-high quality property throughout useful resource-wealthy states, together with a administration staff and workers having a confirmed observe report in
planning and execution.
This strategic acquisition brings us nearer to attaining our 20 GW capability goal considerably earlier than 2030. O2 Power additionally brings extra connectivity for 900 MW, which is able to facilitate our future progress. We warmly welcome O2 Power’s skilled administration staff and workers to the JSW Energy household.”
Shares of JSW Energy Ltd ended at ₹482.20, down by ₹8.00, or 1.63%, on the BSE.
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