# JSW Energy acquires additional stake in Toshiba JSW Power Systems

JSW Energy entered a definitive agreement with Toshiba Corporation to increase its stake in Toshiba JSW Power Systems Limited (TJPS) from 4.6% to 20.7% (non-diluted) for a cash consideration of Rs 1.5 billion.

- Type: Acquisition
- Announced: 2026-07-06
- Where: Chennai, India
- Value: $18.0M (1.50B INR)
- Status: announced
- Products: steam turbine generators
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [GE Power India](https://endata.com/companies/3202.md) (target)
- [Toshiba](https://endata.com/companies/8893.md) (partner)
- [Toshiba](https://endata.com/companies/8893.md) (target)
- [JSW Energy](https://endata.com/companies/15311.md) (acquirer)
- [Toshiba JSW Power Systems](https://endata.com/companies/64153.md) (target)

## Sources

- [indianinfrastructure.com](https://indianinfrastructure.com/2026/07/06/jsw-energy-acquires-additional-stake-in-tjps-and-divests-partial-stake-in-jsw-steel/), 2026-07-06: "The acquisition is aimed at strengthening access to steam turbine generators and supporting thermal power expansion plans."
- [sahi.com](https://www.sahi.com/news/jsw-energy-completes-share-acquisition-in-toshiba-jsw-power-systems-increasing-stake-to-20-7-3604-PE1_COR), 2026-07-21: "JSW Energy has successfully closed its secondary share purchase from Toshiba Corporation, Japan."
- [psuconnect.in](https://www.psuconnect.in/power-sector-news/jsw-energy-raises-stake-in-toshiba-jsw-power-systems-to-20-7-after-150-crore-deal), 2026-07-22: "JSW Energy completes a ₹150 crore acquisition of additional equity in Toshiba JSW Power Systems, increasing its TJPS stake to 20.7% on a non-diluted basis."
- [biznewsbyjay.substack.com](https://biznewsbyjay.substack.com/p/why-jsw-energy-buying-this-supplier), 2026-08-10: "The Durgapur boiler unit that JSW Energy is buying from GE Power India was worth about 5.1% of GE Power India's revenue last year, a turnover of roughly ₹53 crore."

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