JSW Neo Energy completes Tidong hydro acquisition
JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has completed the acquisition of Tidong Power Generation Private Limited from Statkraft IH Holding AS. The transaction, with an enterprise valuation of approximately Rs 1,728 crore, was completed on January 29, 2026, after receiving the required regulatory approvals. Tidong Power is developing a 150 MW run of river hydroelectric project in the Tidong Valley in the Kinnaur district of Himachal Pradesh. The project…

