JSW Energy Barmer Ltd updates on 1080 MW power plant

JSW Energy Limited's subsidiary, JSW Energy (Barmer) Limited which operates a 1080 MW power plant at Barmer, Rajasthan, has received a notice from its JV and lignite supplier, Barmer Lignite Mining Company Limited (BLMCL) (51% owned by Rajasthan State Mines and Minerals Limited (RSMML) intimating that BLMCL has been directed by RSMML, to stop mining operations at the two lignite mines (Kapurdi and Jalipa) in Rajasthan within 15 days. However, RSMML has been directed by the Government of Rajasthan to ensure uninterrupted lignite supply to the power plant. The company is in discussions with the Government of Rajasthan to ensure no impact on the power plant operations.

Shares of JSW Energy Limited was last trading in BSE at Rs. 358.55 as compared to the previous close of Rs. 341.50. The total number of shares traded during the day was 42164 in over 951 trades.

The stock hit an intraday high of Rs. 358.55 and intraday low of 335.55. The net turnover during the day was Rs. 14921959.00.

Source : Equity Bulls

Keywords

JSWEnergy INE121E01018 JSWEnergyBarmer LigniteSupply Mining Supplier