JSW Energy Limited , a prominent player in India's energy sector, has successfully raised Rs 250 crore through the allotment of Non-Convertible Debentures (NCDs). This move is part of the company's broader strategy to secure funds up to Rs 3,000 crore, as approved by its Board of Directors earlier this year.

Key Details of the NCD Allotment

The Finance Committee of JSW Energy, in a meeting held on November 12, 2025, approved the allotment of 25,000 NCDs. Here are the crucial details of this financial instrument:

Interest Payment and Redemption Schedule

The company has outlined a clear schedule for interest payments and redemption:

1. Interest Payment Dates:

   • November 12, 2026
   • November 12, 2027
   • November 10, 2028

2. Redemption: The NCDs will be redeemed at par on the maturity date, November 10, 2028.

Significance of the NCD Issuance

This NCD allotment is a significant step in JSW Energy's financial strategy. It demonstrates the company's ability to attract institutional investment and leverage debt markets for its funding needs. The unsecured nature of these NCDs also indicates a strong credit standing and investor confidence in JSW Energy's financial health.

Regulatory Compliance

JSW Energy has ensured full compliance with regulatory requirements. The allotment has been made in accordance with the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The company has promptly disclosed the details of the NCD issuance to the stock exchanges, maintaining transparency with its stakeholders.

This strategic financial move by JSW Energy aligns with its long-term growth plans and could potentially provide the company with the capital needed for future projects and expansions in the dynamic energy sector.

JSW Energy Limited , a key player in India's power sector, has received positive news regarding the credit ratings of its step-down subsidiaries. ICRA Limited, a prominent credit rating agency, has reaffirmed ratings for several of JSW Energy's subsidiaries, highlighting the company's strong financial position in the power generation market.

Key Rating Actions

ICRA has taken the following rating actions:

In addition to these, ICRA has reaffirmed ICRA A+/Stable ratings for several other step-down subsidiaries of JSW Energy, including:

• Mytrah Vayu (Manjira) Private Limited
• Mytrah Vayu Urja Private Limited
• Bindu Vayu Urja Private Limited
• Mytrah Aadhya Power Private Limited
• Mytrah Vayu (Krishna) Private Limited
• JSW Vayu (Pennar) Private Limited
• JSW Adarsh Power Private Limited
• JSW Advaith Power Private Limited
• JSW Akshaya Energy Private Limited
• JSW Vayu (Godavari) Private Limited
• JSW Vayu (Sabarmati) Private Limited

Significance of the Ratings

The reaffirmation of these credit ratings reflects the stable financial health and operational performance of JSW Energy's subsidiaries. ICRA's A+ rating indicates adequate degree of safety regarding timely servicing of financial obligations and low credit risk. The 'Stable' outlook suggests that the ratings are likely to remain unchanged in the near term.

JSW Energy's Market Position

JSW Energy has established a strong presence in India's power sector with a diversified portfolio of assets in power generation and transmission. The company has a total locked-in generation capacity of 30.5 GW, which includes:

• 13.3 GW operational capacity
• 12.5 GW under-construction (thermal and renewable)
• 150 MW under-acquisition hydro
• 4.6 GW in the pipeline

Additionally, JSW Energy has 29.4 GWh of locked-in energy storage capacity, comprising 26.4 GWh of hydro pumped storage projects and 3.0 GWh of battery energy storage systems.

Future Outlook

JSW Energy has set ambitious targets for the future, aiming to:

• Reach 30 GW generation capacity by FY 2030
• Achieve 40 GWh of energy storage capacity by FY 2030
• Attain Carbon Neutrality by 2050

These goals underscore the company's commitment to sustainable growth and its role in India's transition towards cleaner energy sources.

The reaffirmation of credit ratings for its subsidiaries is a positive indicator for JSW Energy, potentially supporting its expansion plans and reinforcing investor confidence in the company's financial stability and growth prospects.