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The Economic Times
The Economic Times
Business

JSW Energy acquires MCCPL to strengthen thermal portfolio

JSW Energy JSW Chhattisgarh Coal

JSW Energy Limited has signed a definitive agreement with Kolahai Infotech Private Limited and SFI Parcel Services Private Limited to acquire 100% equity shares of Maruti Clean Coal & Power Limited (MCCPL), making MCCPL a wholly owned subsidiary of the firm.

The transaction carries an enterprise value of Rs 1,410 crore. It is expected to support JSW Energy’s growth strategy and aid in achieving its 30GW capacity target by 2030, according to a stock exchange filing. MCCPL’s FY26 EBITDA stood at about Rs 279 crore.

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