Moody's Affirms BA1 Rating for JSW Hydro Energy's $707 Million Notes

1 min read     Updated on 26 Jun 2025, 06:33 PM
scanxBy ScanX News Team
whatsapptwittershare
Overview

Moody's Investors Service has confirmed the BA1 rating for JSW Hydro Energy's $707 million senior secured notes with a stable outlook. JSW Hydro Energy is a subsidiary of JSW Energy. The rating affirmation reflects the company's financial stability and creditworthiness. This decision may have positive implications for both JSW Hydro Energy and its parent company, JSW Energy.

12488608

*this image is generated using AI for illustrative purposes only.

JSW Energy 's subsidiary, JSW Hydro Energy, has received a vote of confidence from Moody's Investors Service. The credit rating agency has confirmed the BA1 rating for JSW Hydro Energy's $707 million senior secured notes, maintaining a stable outlook.

Rating Confirmation Details

Moody's decision to affirm the BA1 rating reflects positively on JSW Hydro Energy's financial position and creditworthiness. This rating confirmation is particularly significant for the following reasons:

  • Financial Stability: The BA1 rating suggests that Moody's views JSW Hydro Energy as having a relatively stable financial foundation.
  • Creditworthiness: The affirmation indicates that the company maintains a credit profile consistent with the BA1 rating category.
  • Stable Outlook: Moody's stable outlook implies that the rating agency does not anticipate significant changes in the company's credit quality in the near term.

Implications for JSW Energy

As JSW Hydro Energy is a subsidiary of JSW Energy, this rating confirmation could have positive implications for the parent company as well. It may reflect well on JSW Energy's overall corporate strategy and financial management.

About the Rated Instrument

The rating applies to JSW Hydro Energy's senior secured notes, valued at $707 million. These notes represent a significant financial instrument for the company, and the confirmed rating may influence investor perception and potentially impact the company's future borrowing costs.

This rating affirmation by Moody's provides valuable insight into JSW Hydro Energy's financial health and may be of interest to investors and stakeholders in the energy sector.

Historical Stock Returns for JSW Energy

1 Day5 Days1 Month6 Months1 Year5 Years
-1.73%+0.21%+3.81%-18.34%-29.34%+958.32%
JSW Energy
View in Depthredirect
like17
dislike

JSW Energy Subsidiary Secures 25-Year Power Purchase Agreement for 300 MW Hybrid Project

1 min read     Updated on 26 Jun 2025, 09:42 AM
scanxBy ScanX News Team
whatsapptwittershare
Overview

JSW Energy's subsidiary, Energizent Power Pvt., has secured a 25-year power purchase agreement with NHPC for a 300 MW solar-wind hybrid project. The project, to be located in Rajasthan and Andhra Pradesh, has a tariff rate of Rs 3.49 per KWh and is expected to be commissioned within 24 months. This agreement strengthens JSW Energy's renewable energy portfolio and aligns with India's push towards cleaner energy sources.

12456727

*this image is generated using AI for illustrative purposes only.

JSW Energy , a leading player in India's power sector, has announced a significant development in its renewable energy portfolio. The company's subsidiary, Energizent Power Pvt., has successfully secured a long-term power purchase agreement (PPA) with NHPC, marking a major milestone in JSW Energy's green energy initiatives.

Key Highlights of the Agreement

Aspect Details
Contract Duration 25-year power purchase agreement
Capacity 300 MW solar-wind hybrid project
Tariff Rate Rs 3.49 per KWh
Project Location Rajasthan and Andhra Pradesh
Expected Commissioning Within 24 months

Strategic Implications

This agreement underscores JSW Energy's commitment to expanding its renewable energy footprint. The solar-wind hybrid project represents a significant addition to the company's green power portfolio, aligning with India's push towards cleaner energy sources.

Project Details

The 300 MW hybrid project, combining solar and wind power generation, is set to be developed across two states - Rajasthan and Andhra Pradesh. These locations are known for their high potential in both solar and wind energy resources, making them ideal for hybrid power projects.

Timelines and Execution

With a commissioning timeline of 24 months, JSW Energy demonstrates its confidence in swift project execution. This rapid deployment is crucial in meeting India's growing energy demands while transitioning to more sustainable power sources.

Financial Aspects

The agreed tariff of Rs 3.49 per KWh for a 25-year period provides long-term revenue visibility for JSW Energy. This competitive rate also reflects the increasing cost-effectiveness of renewable energy solutions in India's power market.

Conclusion

This PPA marks a significant step for JSW Energy in strengthening its position in the renewable energy sector. As the project progresses, it will be interesting to observe its impact on the company's overall energy mix and financial performance in the coming years.

Historical Stock Returns for JSW Energy

1 Day5 Days1 Month6 Months1 Year5 Years
-1.73%+0.21%+3.81%-18.34%-29.34%+958.32%
JSW Energy
View in Depthredirect
like20
dislike
More News on JSW Energy
Explore Other Articles
Iris Business Services Divests Tax Technology Division for ₹151 Crore 28 minutes ago
Shakti Pumps Sets Floor Price for Qualified Institutional Placement 29 minutes ago
Baazar Style Retail Reports 37% YoY Increase in Q1 Revenue 1 hour ago
Waaree Renewable Secures ₹26.17 Crore Solar Power Project Contract 1 hour ago
Paras Defence Secures Rs 22.21 Crore Anti-Drone System Order from French Firm 1 hour ago
518.05
-9.10
(-1.73%)