JSW Energy confirms INR 3,000 crore fundraise through bonds

JSW Energy has confirmed its plans to raise long-term funds up to ₹3,000 crores through the issuance of rated and listed Non-Convertible Debentures (NCDs) on a private placement basis. The company's disclosure follows a news report in "The Business Standard" regarding potential fund raising via bonds. According to the filing, the Board of Directors approved the proposal on January 28, 2025, authorizing the Finance Committee to finalize and approve the detailed terms of the issue. As of March 4, 2025, the Finance Committee has approved the allotment of 120,000 unsecured, rated, listed, taxable, redeemable NCDs of ₹1,00,000 each, aggregating to ₹1200 crores. The company stated that it will promptly inform the Stock Exchanges on any further allotment, as and when approved by the Finance Committee.