JSW Energy Greenlights Rs 800 Crore NCD Allotment

JSW Energy has approved the allotment of 80,000 non-convertible debentures worth Rs 800 crore through private placement. This involves two tranches, with the first offering a green shoe option. Previously, the board approved raising Rs 3,000 crore through similar debentures.

JSW Energy announced its board has sanctioned the issuance of 80,000 non-convertible debentures (NCDs) aggregating to Rs 800 crore via private placement.

Previously, in January, the company's board had approved raising up to Rs 3,000 crore through similar debentures.

In a recent meeting on March 20, 2025, the Finance Committee gave the green light to issue unsecured, rated, listed, taxable, redeemable NCDs in two tranches, with the first tranche including a green shoe option.

(With inputs from agencies.)