JSW Energy Limited has successfully raised ₹800 crore through the allotment of unsecured, rated, listed, taxable, and redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The company’s Finance Committee approved the issuance during a meeting held on March 20, 2025, as part of its larger ₹3,000 crore fundraising plan announced earlier in January 2025.
The allotment consists of 80,000 NCDs with a face value of ₹1,00,000 each, divided into two tranches. The first tranche is valued at ₹400 crore, including a green shoe option of ₹100 crore, while the second tranche is also ₹400 crore. These NCDs will be listed on the Bombay Stock Exchange (BSE).
The first tranche has a tenure of three years, maturing on March 20, 2028, with an interest rate of 8.75%, while the second tranche will mature in five years, on March 20, 2030, with an interest rate of 8.80%. The interest payments for both tranches will be made annually, beginning March 20, 2026.
This fundraising initiative is expected to support JSW Energy’s growth plans and strategic projects as the company continues to strengthen its presence in India’s energy sector.
