KSK Mahanadi Power Plant
In a strategic move, JSW Energy has acquired KSK Mahanadi Power Limited, which has 3,600 MW (6 X 600 MW) of thermal power capacity and is located in Chhattisgarh. The plant was acquired pursuant to the Resolution Plan submitted by the Company under the corporate insolvency resolution process of the Insolvency and Bankruptcy Code, 2016.
The 1,800 MW (600 MW x 3 units) operational capacity is 95% tied up under long and medium-term power purchase agreements with UPPCL and TANGEDCO. The Plant has fuel security in terms of long-term fuel supply agreements with nearby coal mines in the states of Chhattisgarh and Odisha. The plant's strategic location, fuel supply agreement, and efficient operations will ensure a reliable power supply, further solidifying our leadership in the energy sector.