{"id":97880,"date":"2023-03-28T17:10:00","date_gmt":"2023-03-28T11:40:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=97880"},"modified":"2023-03-28T17:05:45","modified_gmt":"2023-03-28T11:35:45","slug":"biz-jsw-energy-7","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-jsw-energy-7\/","title":{"rendered":"JSW Neo to acquire 12 SPVs of Mytrah Energy"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1054890314\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>JSW Energy on Tuesday said its subsidiary has agreed to acquire entire equity of 12 special purpose vehicles of Mytrah Energy (India) Pvt Ltd (MEIPL).<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2896578232\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>In August 2022, JSW Neo Energy Ltd (JSWNEL) had agreed to acquire a portfolio of 1,753 MW of renewable energy generation capacity from MEIPL comprising 17 SPVs and 1 Ancillary SPV (Transaction).<\/p><p>JSWNEL has now agreed to acquire the entire shareholding of additional 12 MEIPL special purpose vehicles (SPVs) within the already agreed consideration approved by the board, a BSE filing stated.<\/p><p>It said the acquisition would help the company achieve a holistic completion of the transaction by allowing one of the 17 SPVs i.e. Mytrah Vayu (Sabarmati) Pvt Ltd, which owns a 250 MW wind power plant, to have better exclusive holding rights to certain land parcels used by it.<\/p><div class=\"trade-content_5\" id=\"trade-2663652486\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The transaction is expected to be completed by April 30, 2023 subject to fulfilment of conditions precedent set out in the SPA (share purchase agreement), it stated.<\/p><p>The cumulative consideration payable for these 12 SPVs is Rs 1.82 crore. PTI KKS KKS ANU ANU<\/p><div class=\"trade-after-content\" id=\"trade-2001263843\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>JSW Energy on Tuesday said its subsidiary has agreed to acquire entire equity of 12 special purpose vehicles of Mytrah Energy (India) Pvt Ltd (MEIPL). In August 2022, JSW Neo Energy Ltd (JSWNEL) had agreed to acquire a portfolio of 1,753 MW of renewable energy generation capacity from MEIPL comprising 17 SPVs and 1 Ancillary [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":16745,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-97880","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>JSW Neo to acquire 12 SPVs of Mytrah Energy - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"JSW Energy on Tuesday said its subsidiary has agreed to acquire entire equity of 12 special purpose vehicles of Mytrah Energy (India) Pvt Ltd (MEIPL).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-jsw-energy-7\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JSW Neo to acquire 12 SPVs of Mytrah Energy\" \/>\n<meta property=\"og:description\" content=\"JSW Energy on Tuesday said its subsidiary has agreed to acquire entire equity of 12 special purpose vehicles of Mytrah Energy (India) Pvt Ltd (MEIPL).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/biz-jsw-energy-7\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-28T11:40:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/JSW-Energy-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"PTI News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/JSW-Energy-Cover-Image.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"PTI News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/biz-jsw-energy-7\/\",\"url\":\"https:\/\/tradebrains.in\/features\/biz-jsw-energy-7\/\",\"name\":\"JSW Neo to acquire 12 SPVs of Mytrah Energy - 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