This is further to the intimation done by the Company on 7th November, 2025, regarding approval of the Board for entering into a Power Purchase Agreement with JSW Green Energy Fifteen Limited for purchase of solar power from captive solar energy power plant and for subscribing to 26% equity stake in JSW Green Energy Fifteen Limited. We hereby inform that the Company has today i.e. on 11th November, 2025 signed a Power Purchase Agreement with JSW Green Energy Fifteen Limited for purchase of solar power from captive solar energy power plant and for subscribing to 26% equity stake in JSW Green Energy Fifteen Limited.
JSWCEMENT · price
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JSW Cement has signed a Power Purchase Agreement (PPA) with JSW Green Energy Fifteen Limited, a fellow group company, to buy solar power from a captive solar energy power plant. As part of the same arrangement, JSW Cement will also subscribe to a 26% equity stake in JSW Green Energy Fifteen Limited. The Board had approved this transaction on 7th November 2025, and the agreement was formally executed on 11th November 2025.
This move secures long-term captive solar power for JSW Cement's operations, supporting cost efficiency and ESG goals, while the 26% equity stake deepens its strategic alignment with the JSW group's clean energy initiatives.