JSW Neo Energy to acquire Tidong Power for 150 MW hydro project
JSW Energy Limited has announced that its subsidiary, JSW Neo Energy Limited, has signed a definitive agreement to acquire Tidong Power Generation Private Limited, which is developing a 150 megawatt (MW) run-of-river hydro project in Himachal Pradesh. The acquisition involves 100 per cent equity purchase from Statkraft IH Holding AS at an enterprise value of…
