JSW Energy share price: Shares of JSW Energy will be on investors’ radar on Tuesday, January 14, as the company on Monday announced it has emerged as a successful applicant to acquire KSK Mahanadi Power Company, which owns 3,600 MW thermal power plants, under insolvency proceedings.
This follows the approval by the Committee of Creditors, with the closure of the transaction subject to the necessary regulatory approvals from the National Company Law Tribunal and Competition Commission of India.
JSW Energy has been declared a successful applicant and received a letter of intent (LoI) from the Resolution Professional for its resolution plan submitted for KSK Mahanadi Power Company Ltd (KMPCL) under the corporate insolvency resolution…
