JSW Energy shares zoom nearly 8% on signing Rs 12,468 cr definitive agreement with O2 Power

JSW Energy's subsidiary, JSW Neo Energy, has signed definitive agreements to acquire a 4.7 GW renewable energy portfolio from O2 Power for Rs 12,468 crore. This acquisition will help JSW Energy achieve its renewable capacity growth target of 20 GW by FY 2030. The acquisition is expected to be completed by May 2025.