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JSW Energy started construction of a 1200 MW thermal power plant (known as the Ratnagiri Power Plant) at Jaigad in the Ratnagiri district, Maharashtra, in the early 2000s. The thermal power plant was commissioned in 2007. The Jaigad port (JSW) was established in 2006 to support the coal import requirements directly adjacent to the thermal power ...
JSW Steel's history can be traced back to 1982, when the Jindal Group acquired Piramal Steel Limited, which operated a mini steel mill at Tarapur in Maharashtra and renamed it as Jindal Iron and Steel Company (JISCO). [6] Soon after the acquisition the group set up its first steel plant in 1982 at Vasind, near Mumbai. [7]
JSW Ratnagiri Power Station is a coal-based thermal power plant located in Nandiwade village near Jaigad in Ratnagiri district Maharashtra. The power plant is operated by the JSW Energy Limited (JSWEL). The coal for the plant is imported.
JSW started the construction of the port in 2009, JSW Group began operating the Dharamtar Port in 2012. JSW Dharamtar Port Ltd (JSWDPL) is a special purpose vehicle created under the aegis of JSW Infrastructure Ltd to handle the cargo of the JSW Steel, Dolvi works.Jsw Dharamtar Port Private Limited was incorporated on 24 September 2012. [4] [5]
The combined capacity of these two plants is 170,000 kilolitres. [50] JSW Port Logistics - A wholly owned subsidiary of JSW Infrastructure, dealing with warehousing, and container freight stations. [51] JSW Ventures – JSW Ventures is the venture capital arm of JSW Group which invests in early-stage Indian startups. [52]
It is a 300 MW hydropower plant which was commissioned in 2003, acquired in 2015; Vijaynagar Solar Plant, Vijaynagar, Karnataka.It is a 225 MW Solar power plant which was commissioned in 2022. [7] In 2015, JSW Energy acquired two of Jaypee Group's hydropower plants, with a combined capacity of 1,391 MW, for ₹ 9,700 crore. [8]
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[2] During the early 2000s recession, heavy losses forced the company, as well as Essar Steel and JSW Steel, into debt restructurings. [2] However, the company was not able to implement a turnaround and in 2010, losses reached Rs 2,500 crore. [2] In 2010, JSW acquired a 41.57% interest in the company for ₹2157 crore and renamed it JSW Ispat ...