In line with this approval, the Finance Committee met on March 4, 2025, and sanctioned the allotment of 1,20,000 unsecured, rated, listed, taxable, and redeemable NCDs, each valued at Rs 1 lakh, resulting in a total fundraising of Rs 12 billion. The issuance of these NCDs was completed on the same day.

This development is part of JSW Energy’s broader financial strategy to strengthen its capital base and support business growth. Non-convertible debentures serve as a key instrument for raising long-term funds, offering investors fixed returns while enabling the company to secure capital without diluting equity. The proceeds from this issuance are expected to be utilised for various operational and strategic initiatives.

With this issuance, JSW Energy continues to reinforce its financial position while aligning with its long-term objectives. The company's approach to fundraising through debt instruments reflects its commitment to prudent financial management and sustainable growth.

News source: NDTV Profit