May 19, 2026ACQUISITIONChennai, India JSW Energy acquires additional stake in Toshiba JSW Power Systems for ₹150 crore
JSW Energy has signed definitive agreements to acquire an additional equity stake in Toshiba JSW Power Systems from Toshiba Corporation for ₹150 crore, increasing its shareholding to 20.7% on a non-diluted basis. The transaction is expected to close on or before June 15, 2026.
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“Increasing our stake in TJPS is a strategic move deepening the partnership with Toshiba that we have built over nearly two decades - one grounded in shared standards of engineering excellence and long term thinking.”energy.economictimes.indiatimes.com
- 5 sources
- energy.economictimes.indiatimes.comJSW Energy Acquires Major Stake in Toshiba JSW Power Systems for ₹150 Crore, ETEnergyworldETEnergyWorld DeskMay 19, 2026
- electricalmirror.netJSW Energy Increases Stake in Toshiba JV to Strengthen Thermal Supply ChainMay 19, 2026
- financialexpress.comJSW Energy buys additional stake in JV co. - Industry News | The Financial ExpressFE BureauMay 19, 2026
- filingreader.comJSW Energy to acquire GE Power manufacturing unit via demergerJun 18, 2026
- scanx.tradeGE Power India outlines JSW Energy demerger ratio and benefits
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