JSW Energy Limited announces the acquisition of (i) 300 MW Baspa II hydro electric project located at Himachal Pradesh, and (ii) 1,091 MW Karcham Wangtoo hydro electric project located at Himachal Pradesh from Jaiprakash Power Ventures Limited

• Security Code: 533148
• Company: JSWENERGY

JSW Energy Ltd has informed BSE that the Company has concluded the acquisition of 100% of the securities of Himachal Baspa Power Company Ltd. (HBPCL) which has two operating Hydro Power assets - (i) 300 MW Baspa - II HEP and (ii) 1,091 MW Karcham Wangtoo HEP.

Further the Company has informed that, the Company has also entered into a binding Memorandum of Understanding (MoU) with Jaiprakash Power Ventures Limited to acquire 100% stake in the 500 MW Bina Thermal Power Plant located in the Sagar district of Madhya Pradesh.

The press release issued for the aforesaid is enclosed.