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JSW Energy rose 1.36% to Rs 111.85 after the company said its subsidiary has signed a power purchase agreement for 540 MW of blended wind capacity with Solar Energy Corporation of India (SECI).In September last year, JSW Energy had informed that JSW Future Energy (formerly JSW Solar) (100% subsidiary of JSW Energy) had received letter of awards for total blended wind capacity of 810 MW from Solar Energy Corporation of India (SECI) in respect of the tariff based competitive bid invited by SECI for setting up of 2500 MW ISTS-connected Blended Wind Power Projects (Tranche-IX). JSW Renew Energy, wholly owned subsidiary of JSW Future Energy, has signed a power purchase agreement with SECI for the contracted capacity of 540 MW out of total awarded capacity of 810 MW. This is the single largest PPA for wind/blended wind category in the industry, and marks the foray of the company into wind/blended wind energy generation segment. ....
On acquisition of high-grade steel plates and coils businessJSW Steel has acquired the high-grade steel plates and coils business of Welspun Corp on slump sale basis. Towards this acquisition, the company has paid Rs 225 crore to Welspun Corp as on 30 April 2021. The balance consideration, which is subject to closing adjustments towards net working capital, shall be paid on a deferred basis, subject to Welspun fulfilling certain regulatory approvals and payment milestones as provided under the Business Transfer Agreement dated 31 March 2019, as amended from time to time. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) ....
JSW Steel Ltd has added 47.45% over last one month compared to 20.61% gain in S&P BSE Metal index and 0.6% rise in the SENSEX JSW Steel Ltd lost 1.46% today to trade at Rs 656.1. The S&P BSE Metal index is down 0.97% to quote at 16809.72. The index is up 20.61 % over last one month. Among the other constituents of the index, Hindustan Zinc Ltd decreased 1.41% and Vedanta Ltd lost 1.32% on the day. The S&P BSE Metal index went up 180.36 % over last one year compared to the 53.52% surge in benchmark SENSEX. JSW Steel Ltd has added 47.45% over last one month compared to 20.61% gain in S&P BSE Metal index and 0.6% rise in the SENSEX. On the BSE, 71989 shares were traded in the counter so far compared with average daily volumes of 10.5 lakh shares in the past one month. The stock hit a record high of Rs 670.2 on 27 Apr 2021. The stock hit a 52-week low of Rs 155.05 on 27 Apr 2020. ....
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