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October 28,2024

JSW Energy Wins KSK Mahanadi Power with Rs 15,985 Crore

JSW Energy emerged as the top bidder for KSK Mahanadi Power, offering Rs 15,985 crore, surpassing Adani Power's Rs 15,885 crore bid. Six companies participated, but Adani withdrew after the 10th round. JSW's bid, along with additional cash, could enable financial creditors to recover over 100% of their claims, marking a significant acquisition for JSW.

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