According to JSW Energy, the platform, valued at approximately Rs12,468 crores (around USD 1.47 billion), will significantly boost JSW Energy's renewable energy capacity. The acquisition, subject to approval by the Competition Commission of India (CCI) and other customary approvals, includes O2 Power Midco Holdings Pte. Ltd. and 02 Energy SG Pte. Ltd.
02 Power's platform includes 2,259 MW of operational capacity, with an additional 1,463 MW under construction and 974 MW in the pipeline. The entire platform is expected to be operational by June 2027.
With a blended average tariff of Rs3.37/KWh and a remaining life of approximately 23 years, the platform spans across seven resource-rich states of India. This acquisition will increase JSW Energy's total locked-in generation capacity by 23%, from 20,012 MW to 24,708 MW.
Denne historien er fra December 29, 2024-utgaven av The Sunday Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 29, 2024-utgaven av The Sunday Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Relevance of Vivekananda in Viksit Bharat vision
Swami Vivekananda's legacy stands as a timeless beacon of inspiration for the youth, offering guidance that transcends generations.
CCPA INTENSIFIES INVESTIGATION INTO OLA ELECTRIC
The Central Consumer Protection Authority (CCPA) has deepened its investigation into Ola Electric Mobility Limited and asked for additional documents as part of its ongoing investigation into alleged consumer rights violations.
The TTP's resurgence: A grim reality for Pakistan
Pakistan Army executed a record 9,775 counter-terrorism operations this year, leading to the elimination of 925 terrorists linked to the group now rebranded as Fitna AI Khawarij, a term introduced by DG ISPR to describe the Tehreek-e-Taliban Pakistan.
CHALLENGE FOR PRESIDENT TRUMP: DEFENDING CHRISTIANITY IN A TURBULENT CENTURY
Rather than appeasing autocrats and adversaries, US policy should prioritize the protection of Christian communities and other religious minorities.
PRESIDENT MACRON.PLEASE GET SERIOUS
Africa is a continent where the people are becoming more and more dexterous in managing their transition from the previous to the present century.
JANUARY OF JAIPUR
Social and cultural activist and Managing Trustee of the Prabha Khaitan Foundation, Sundeep Bhutoria has curated another interesting event for the art and literary world. Coined “January of Jaipur”, he has earmarked an evening at the Jai Mahal Palace in Jaipur, with the soulful Sufi music of Kavita Seth and the folk renditions of Anwar Khan Manganiyar.
LINTEL COLLAPSE AT KANNAUJ STATION
An under-construction lintel collapsed at Kannauj railway station on Saturday, trapping several people.
A NOTE OF NOSTALGIA
The Congress party will be shifting to its corporate style new headquarters this week—not unlike the BJP, which made the shift a few years ago.
NCP (SP) plans leadership overhaul with younger faces
Leaders are acknowledging the necessity of evolving to stay relevant amidst Maharashtra’s changing political landscape.
Kalkaji is battleground seat for key political players
Kalkaji seat is crucial for AAP, Congress, and BJP, with a fierce three-way battle for victory.