BSECompany Update6d ago · 7 Aug 2026, 10:38 am

We refer to our earlier intimation dated 13th June 2026 regarding the signing of definitive agreement with Kolahai Infotech Private Limited and SFI Parcel Services Private Limited to acquire ....

JSW Energy Ltd · 533148

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JSW Energy Ltd has completed the acquisition of 100% equity shares of Maruti Clean Coal and Power Limited, a 300 MW thermal power project in Chhattisgarh, for an Enterprise Value of ₹1,410 crore. The acquired asset is EBITDA and PAT-accretive from day one, reducing the Company's net leverage and strengthening its balance sheet.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment9/10

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JSW Energy Ltd - 533148 - Announcement under Regulation 30 (LODR)-Updates on Acquisition

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SEC / JSWEL 7th August 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra-Kurla Complex, Bandra (E) Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 533148 Symbol: JSWENERGY Sub: Acquisition of Maruti Clean Coal and Power Limited by the Company - Update Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Madam / Sir, We refer to our earlier intimation dated 13th June 2026 regarding the signing of definitive agreement with Kolahai Infotech Private Limited and SFI Parcel Services Private Limited to acquire 100% equity shares of Maruti Clean Coal and Power Limited (“MCCPL”) which owns and operates a 300 MW thermal power project in the State of Chhattisgarh by the Company. We wish to inform you that the Company has completed the acquisition of 100% of the equity shares of MCCPL and, accordingly, MCCPL has now become a wholly-owned subsidiary of the Company. With this acquisition, the overall operating capacity of the Company now stands at 14.8 GW. A Press Release in this regard is also attached. The above information is also available on the website of the Company, i.e., https://www.jswenergy.in/investors/stock-exchange-releases/. The above is for your information and record. Yours faithfully, JSW Energy Limited Monica Chopra Company Secretary Part of O.P. Jindal Group Media Release August 7, 2026 JSW Energy Completes 300 MW Maruti Clean Coal Acquisition, Taking Installed Capacity to 14,835 MW Mumbai, India — August 7, 2026 – JSW Energy Limited ("the Company") today announced the successful completion of the acquisition of 100% of the equity share capital of Maruti Clean Coal & Power Limited ("MCCPL"). Further to this, MCCPL has become a wholly-owned subsidiary of the Company. MCCPL owns and operates a 300 MW thermal power plant at Korba, Chhattisgarh. The plant has a long- term Power Purchase Agreement (PPA) of 195 MW (net) with Rajasthan discoms, routed through PTC India, with a residual PPA life of ~14 years. In addition, the plant provides 5% power at variable cost to the Chhattisgarh discom, while the balance ~64 MW capacity is sold in the merchant market. Coal is secured through a long-term Fuel Supply Agreement with SECL, and linkage under the SHAKTI scheme. The transaction values MCCPL at an Enterprise Value of ₹1,410 crore. The acquired asset’s FY26 EBITDA stood at ~₹279 crore. The asset is EBITDA and PAT-accretive from day one, while also reducing the Company’s net leverage and strengthening overall balance sheet resilience. With this acquisition, the Company’s total Installed capacity stands at 14,835 MW. Mr. Sharad Mahendra, Joint Managing Director and CEO of JSW Energy “"The completion of the MCCPL acquisition reinforces our commitment to disciplined growth and value-accretive opportunities. The asset complements our existing generation portfolio and enhances our ability to deliver dependable power while supporting India's growing energy needs. Beyond the immediate financial benefits, we see further upside from optimisation of logistics and O&M costs, with the plant's proximity to our Mahanadi facility unlocking operational synergies and strengthening our regional thermal footprint. We are delighted to welcome the MCCPL team into the JSW Energy family" JSW Energy currently operates an installed thermal capacity of 5,958 MW, with a further 3,800 MW under construction at its Salboni and Mahanadi Thermal Power Plants, and a pipeline of 1,200 MW for brownfield expansion at Mahanadi. JSW Energy has a current total locked-in generation capacity of 32.4 GW, comprising 14.8 GW operational and 13.6 GW under construction across thermal, hydro, and renewables, with a pipeline of 4 GW. The company also has 29.6 GWh of locked-in energy storage capacity, comprising pumped hydro storage of 26.4 GWh and battery energy storage systems of 3.2 GWh. The company aims to reach 30 GW of generation capacity and 40 GWh of energy storage capacity by 2030, and to achieve carbon neutrality by 2050. For the transaction, Khaitan & Co acted as legal advisor, BDO India carried out financial and tax due diligence, and Roots Legal conducted land due diligence for JSW Energy. Page 1 of 2 MEDIA RELEASE ABOUT JSW ENERGY: JSW Energy Ltd is one of the leading Private sector power producers in India and part of the USD 25 billion JSW Group which has significant presence in sectors such as steel, energy, infrastructure, cement, sports among others. JSW Energy Ltd has established its presence across the value chains of power sector with diversified assets in power generation, and transmission. With strong operations, robust corporate governance and prudent capital allocation strategies, JSW Energy continues to deliver sustainable growth, and create value for all stakeholders. JSW Energy began commercial operations in 2000, with the commissioning of its first 2x130 MW thermal power plants at Vijayanagar, Karnataka. Since then, the company has steadily enhanced its power generation capacity from 260 MW to 14.8 GW, ensuring diversity in geographic presence, fuel sources and power off-take arrangements. The Company is presently constructing various power projects to the tune of 13.6 GW, with a vision to achieve a total power generation capacity of 30 GW by 2030. Forward Looking and Cautionary Statements: Certain statements in this release concerning our future growth prospects are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition within Power Industry including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our internal operations, reduced demand for Power, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which JSW Energy has made strategic investments, withdrawal of fiscal governmental incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company. For more information/ queries: Investor Relations Team ir.jswenergy@jsw.in