JSW Energy acquires 300 MW thermal asset of Maruti Clean Coal & Power Ltd (MCCPL) for ₹1,410 crore

Key Highlights * Acquiring **100% stake** in Maruti Clean Coal & Power Ltd (MCCPL). * MCCPL operates a **300 MW thermal power plant in Korba, Chhattisgarh**. * Deal valued at an **enterprise value of ₹1,410 crore** through cash consideration. * Estimated **FY26 EBITDA: ~₹279 crore**. * Existing power mix includes a **195 MW long-term PPA** with Rajasthan DISCOMs (~14 years remaining), while the balance capacity serves Chhattisgarh DISCOM and the merchant market. ### 🎯 Strategic Impact ✅ Earnings accretive from Day 1. ✅ Strengthens JSW Energy's thermal portfolio. ✅ Supports its goal of achieving **30 GW capacity by 2030**. ✅ Potential operational synergies with its nearby Mahanadi assets. ### 👀 Investor Relevance The acquisition highlights JSW Energy's disciplined **"Build vs Buy" approach**, enabling quicker capacity expansion through an operational asset with visible cash flows. 💬 **Would you prefer value-accretive acquisitions or greenfield expansion for long-term growth?** 👍 Like | 🔄 Share | ➕ Follow **AFS Trading Edge** **Disclaimer:** This post is for educational purposes only and not investment advice. Investments in securities markets are subject to market risks.