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JSW Neo Energy to acquire Tidong Power's 150 MW hydro project · Endata

◂ Announcements

Sep 18, 2025ACQUISITIONHimachal Pradesh, India

JSW Neo Energy to acquire Tidong Power's 150 MW hydro project

JSW Neo Energy Ltd., a subsidiary of JSW Energy, will acquire Tidong Power Generation Pvt. Ltd. from Statkraft Group for an enterprise value of Rs 1,728 crore. The portfolio includes a 150 MW under-construction hydro project in Himachal Pradesh. Completion expected by 15 January 2026.

Value

$210.0M (17.3B INR)

Status

Announced

Capacity

150 MW

Productshydroelectric power

CompaniesStatkraft partner JSW Energy partner JSW Neo Energy Limited acquirer Tidong Power Generation Pvt. Ltd. target

Sectors#Power Generation Equipment

“The proposed acquisition is expected to be completed on or before Jan. 15, 2026, subject to the fulfillment of the conditions under the definitive agreements.”ndtvprofit.com

1 source
ndtvprofit.comJSW Energy Shares Rise On Dual Acquisitions: Himachal Hydro And GE Power's Boiler BusinessShubhayan BhattacharyaSep 19, 2025

Summarized from public sources; check the original articles before acting on it.

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