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JSW Energy to raise up to Rs 1,000 crore on private placement

JSW Energy has received an approval for raising funds of up to Rs 1,000 crore, through the issuance of Bonds / Redeemable Non-Convertible Debentures by way of a Private Placement and authorized the Finance Committee to decide on all matters relating to the proposed issuance of the Bonds / Debentures including finalization and approval of the detailed terms of issue. The board of directors at its meeting held on May 20, 2017 has approved for the same.

JSW Energy, part of the JSW Group, is a growing energy company. The Group has diversified interests in carbon steel, power, mining, industrial gases, port facilities, aluminium, cement and information technology.

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