Shares Of JSW Energy Rose 2.2 Percent Intraday Monday As It Has Secured - Dollar Advisory & Financial Services

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Monday 4 December 2017

Shares Of JSW Energy Rose 2.2 Percent Intraday Monday As It Has Secured

Shares of JSW Energy rose 2.2 percent intraday Monday as it has secured PPAs aggregating to 208 MW.

This PPA consists 176MW PPA with Haryana Power Purchase Centre to be supplied from the Karcham Wangtoo Hydro Electric Project of Himachal Baspa Power Company, a 100 percent subsidiary of the company.

And 32MW under group captive scheme to be supplied from the Ratnagiri plant of the company.

With this, the long term PPA proportion of the company on a consolidated basis has increased from 64.6 percent at end of Q2FY18 to 69.3 percent currently.


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