# JSW Energy to acquire GE Power India's boiler business via demerger

JSW Energy announced a share-swap demerger of GE Power India Ltd.'s boiler manufacturing business, including its Durgapur facility. JSW Energy will issue 10 shares for every 139 shares held by GEPIL shareholders.

- Type: Acquisition
- Announced: 2025-09-18
- Where: Durgapur, India
- Status: announced
- Products: power boilers and components
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [GE Power India](https://endata.com/companies/3202.md) (target)
- [JSW Energy](https://endata.com/companies/15311.md) (acquirer)

## Sources

- [scanx.trade](https://scanx.trade/stock-market-news/corporate-actions/ge-power-india-to-demerge-boiler-manufacturing-business-to-jsw-energy/19758628), 2025-09-18: "GE Power India Limited (GEPIL) has approved a scheme of arrangement to demerge its boiler manufacturing business to JSW Energy Limited."
- [scanx.trade](https://scanx.trade/stock-market-news/corporate-actions/jsw-energy-to-acquire-ge-power-india-s-durgapur-facility-in-strategic-demerger/19759369), 2025-09-18: "JSW Energy Limited has approved a scheme of arrangement for the demerger of GE Power India Limited's (GEPIL) Durgapur facility."
- [ndtvprofit.com](https://www.ndtvprofit.com/markets/jsw-energy-share-price-rise-after-himachal-hydro-and-ge-powers-boiler-business-9305287), 2025-09-19: "The demerger scheme will help JSW Energy in vertical integration through a dedicated boiler manufacturing facility, reducing dependency on third-party suppliers and leading to economies of scale."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.