JSW Energy receives nod for IPO from SEBI…
Power firm JSW Energy Ltd has received an approval for its initial public offer from Indian markets regulator Securities and Exchange Board of India (SEBI).
Earlier on Tuesday a television channel said that the company received a node for its public offer.
The company, part of the group that runs JSW Steel, has approval to rise up to 30 billion rupees ($620 million) through the share sale.
The company has a capacity of 560 megawatts (MW) and is building 3,090 MW of capacity.
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