JSW Energy , a prominent player in India's power sector, has achieved a significant milestone in its expansion strategy. The company's resolution plan for acquiring Raigarh Champa Rail Infrastructure Private Limited (RCRIPL) has received approval from the Committee of Creditors, marking a crucial step towards consolidating its position in the energy infrastructure space.

Key Developments

• Creditor Approval: The Committee of Creditors has given the green light to JSW Energy's resolution plan for RCRIPL.
• Letter of Intent: JSW Energy has received a Letter of Intent from the Resolution Professional, confirming the creditors' approval.
• Pending Approval: The transaction's closure remains subject to approval from the National Company Law Tribunal (NCLT).

Strategic Importance of RCRIPL

RCRIPL plays a vital role in JSW Energy's operations:

• It provides rail infrastructure for coal transportation to the 1,800 MW operational KMPCL power plant.
• The acquisition aligns with JSW Energy's recent takeover of KSK Mahanadi Power Company Limited (KMPCL).

Background and Context

• JSW Energy became the holding company of KMPCL on March 6, 2025.
• Through KMPCL, JSW Energy holds significant indirect ownership in RCRIPL.
• RCRIPL has been undergoing the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016.

KMPCL Power Plant Details

This strategic move by JSW Energy underscores its commitment to strengthening its position in the power sector. The acquisition of RCRIPL, once approved by the NCLT, is expected to enhance JSW Energy's control over critical infrastructure supporting its power generation capabilities.

As the company awaits the final approval from the NCLT, this development signals JSW Energy's proactive approach to vertical integration and infrastructure control in the Indian power sector.

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.