JSW Energy completes 300 MW Maruti Clean Coal acquisition, capacity at 14.8 GW
JSWENERGY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.4 pts more than Nifty Midcap 150 and 1.0 pts more than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
JSW Energy has completed 100% acquisition of Maruti Clean Coal and Power (MCCPL), which operates a 300 MW thermal power plant at Korba, Chhattisgarh. Deal valued at Rs 1,410 crore EV. MCCPL's FY26 EBITDA was about Rs 279 crore. The plant has a 195 MW PPA with Rajasthan discoms (around 14 years residual). Acquisition takes installed capacity to 14,835 MW (14.8 GW). The deal is EBITDA and PAT-accretive from day one and reduces net leverage.
Capacity rises to 14.8 GW. Deal is EBITDA and PAT-accretive from day one and lowers net leverage, positive for shareholders.