JSW Energy climbs on two deals; analyst sees 35% upside
Shares of JSW Energy rose 1.6% on Friday after announcing two expansion moves. Its unit JSW Neo Energy will acquire Tidong Power Generation from Statkraft IH Holding AS for ₹1,728 crore, gaining a 150 MW under-construction hydropower project. It will also acquire the boiler manufacturing unit of GE Power India through a share-swap demerger.