JSW Energy gets letter of intent to acquire 3.6 GW KSK Mahanadi thermal plant

JSW Energy has successfully applied to acquire KSK Mahanadi Power Company’s 3,600 MW thermal power plants under insolvency proceedings. The deal is pending regulatory approval. Currently, 1,800 MW is operational, and an additional 1,800 MW is under construction. This acquisition boosts JSW Energy’s total locked-in thermal generation capacity to 7.5 GW.