JSW Energy in focus as cement IPO nears, ESG Synergy cited
JSW Energy gained spotlight ahead of JSW Cement's ₹3,600 crore IPO, with SEBI RA Sanyam Vaish highlighting clean energy synergies. JSW supplies renewables to JSW Cement, forming a cost-efficient ESG model. A breakout may follow as IPO buzz builds. Meanwhile, JSW commissioned 160 MW at its Kutehr hydro project. Shares are down 17% YTD.