JSW Energy is trading at RS. 549.15, up by 11.45 points or 2.13% from its previous close of RS. 537.70 on the BSE.

The stock opened at RS. 546.80 and recorded a high of RS. 552.60 and a low of RS. 544.75. So far, 41,155 shares have changed hands on the counter.

The BSE group 'A' stock, with a face value of RS. 10, touched a 52-week high of RS. 804.95 on September 24, 2024, and a 52-week low of RS. 419.10 on February 17, 2025. Over the past week, the scrip’s high and low were RS. 552.60 and RS. 523.05 respectively. The company’s current market capitalization stands at RS. 93,977.51 crore.

Promoter holding in the company is at 69.27%, while institutions and non-institutions hold 23.80% and 6.93% respectively.

JSW Energy’s wholly owned subsidiary, JSW Neo Energy, has signed a definitive agreement to acquire 100% shares in Tidong Power Generation (Tidong Power) from Statkraft IH Holding AS. The acquisition, valued at an enterprise valuation of around RS. 1,728 crore (subject to closing adjustments), supports the company’s goal of achieving a renewable-led capacity growth target of 30 GW by FY 2030. The deal is expected to be completed on or before January 15, 2026, subject to fulfilment of agreed conditions.

Tidong Power is building a 150 MW run-of-river hydroelectric plant in the Tidong Valley of Kinnaur district, Himachal Pradesh. The plant, expected to be commissioned in October 2026, has a 22-year Power Purchase Agreement with Uttar Pradesh Power Corporation for 75 MW during May to October at a tariff of RS. 5.57/KWh. The remaining 75 MW is untied and can be sold on the merchant market.

Post-acquisition, JSW Energy’s locked-in generation capacity will stand at 30.5 GW, with 1.8 GW of hydro capacity, including 1.6 GW of currently operational hydro power.

JSW Energy, part of the diversified JSW Group, has interests spanning carbon steel, power, mining, industrial gases, port facilities, aluminium, cement, and information technology.