M&A Deal Summary

JSW Energy Acquires Himachal Baspa Power Co.

On September 1, 2015, JSW Energy acquired renewable energy company Himachal Baspa Power Co.

Acquisition Highlights
  • This is JSW Energy’s 1st transaction in the Renewable Energy sector.
  • This is JSW Energy’s 1st transaction in India.

M&A Deal Summary

Date 2015-09-01
Target Himachal Baspa Power Co.
Sector Renewable Energy
Buyer(s) JSW Energy
Deal Type Add-on Acquisition

Target

Himachal Baspa Power Co.

Kandaghat, India
Himachal Baspa Power Co. Ltd. is a privately held company owns and operates hydro power plants.

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Buyer(S) 1

Buyer

JSW Energy

Mumbai, India

Category Company
Founded 1994
Sector Utilities
Employees3,129
Revenue 116.9B INR (2025)
DESCRIPTION

JSW Energy is a provider of full-service integrated power company. JSW Energy was founded in 1994 and is based in Mumbai, Maharashtra.


DEAL STATS #
Overall 1 of 3
Sector: Renewable Energy M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
Country: India M&A 1 of 3
Year: 2015 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-18 thyssenkrupp Electrical Steel India

Maharashtra, India

thyssenkrupp Electrical Steel India is a manufacturer of grain-oriented electrical steel. thyssenkrupp Electrical Steel India is based in Maharashtra.

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