
Acquisitions13 Jun 2026, 11:00 am
JSW Energy Acquires 300 MW MCCPL for ₹1,410 Cr
AI Summary
JSW Energy Limited has signed a definitive agreement to acquire 100% equity shares of Maruti Clean Coal and Power Limited (MCCPL) for an enterprise value of Rs. 1,410 crores. MCCPL owns and operates a 300 MW thermal power project in Chhattisgarh. This acquisition, subject to regulatory approvals, is expected to support JSW Energy's growth strategy and its target of reaching 30 GW capacity by FY 2030. MCCPL reported revenues of Rs. 787 crores in FY 2025-26. Upon completion, MCCPL will become a wholly-owned subsidiary of JSW Energy.
Key Highlights
- JSW Energy to acquire 100% stake in 300 MW thermal power plant, MCCPL.
- Transaction valued at an enterprise value of Rs. 1,410 crores.
- Acquisition supports JSW Energy's 30 GW capacity target by FY 2030.
- MCCPL reported FY26 revenue of Rs. 787 crores.
- Deal subject to regulatory approvals and customary conditions.
Price Impact
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