JSW Energy has sold 2.5 crore shares in JSW Steel for Rs 3,150 crore through a bulk deal on the NSE. The company said the move is part of a strategic liquidity release aimed at strengthening capital allocation and growth plans
JSW Neo Energy, a wholly owned subsidiary of JSW Energy that focuses on renewable and new energy solutions, will be responsible for setting up the proposed project in Telangana, with a power generation capacity of 1,500 MW.
