JSW Energy has reorganised its renewable and conventional energy businesses.
JSW Future Energy Ltd has transferred 100 per cent of the equity shares it holds in JSW Renew Energy (kar) Ltd and JSW Renewables Energy (Dolvi) Ltd to JSW Neo Energy Ltd. JSW Hydro energy Ltd has transferred 100% equity shares held in JSW Energy (Kutehr) Ltd to JSWNEL. 100% equity shares held in JSW Hydro Energy Ltd have been transferred to JSWNEL.
Following these transfer of shares, JSW Renew Energy (kar) Ltd, JSW Renewables Energy (Dolvi) Ltd, JSW Energy (Kutehr) Ltd and JSW Hydro energy Ltd have now become wholly owned subsidiaries of JSWNEL.
