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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.
Jaigad Port also officially known as JSW Jaigarh Port [1] is a sea port in Jaigad, Maharashtra, on the eastern coast of the Arabian Sea. The port is operated by JSW Infrastructure. It is Maharashtra's first deep water and all-weather port for berthing of capsized ships. The port offers specialised services for dry bulk and liquid cargo. [3]
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]
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]
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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 Steel.
JSW Salav Works: This plant was previously was owned by Welspun Group and it was purchased by the JSW Steel in 2014 for ₹ 1,000 crore (US$120 million). It is located in near vicinity (within 40 km) of the JSW Dolvi Works.