India, Sept. 19 -- JSW Energy's wholly owned subsidiary, JSW Neo Energy, has entered into an agreement with Statkraft IH Holding AS to acquire 100% equity in Tidong Power Generation for Rs 1,728 crore.
According to a regulatory filing on Thursday, the deal is subject to necessary regulatory approvals and other customary conditions under the definitive agreement. The transaction values the asset at an enterprise valuation of approximately Rs 1,728 crore, subject to closing adjustments outlined in the share purchase agreement.
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