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JSW Energy completes Rs 700 crore acquisition of rail logistics arm
JSW Energy Limited has completed the acquisition of Raigarh Champa Rail Infrastructure Private Limited, making it a wholly-owned subsidiary. The transaction follows the implementation of a resolution plan approved by the National Company Law Tribunal (NCLT) Hyderabad Bench on January 21, 2026. The acquisition was executed under the corporate insolvency resolution process (CIRP) of the Insolvency and Bankruptcy Code, 2016 (IBC), with a total resolution value of Rs 700.10 crore. This includes a mix of…
