JSW Neo Acquires Renewable Energy Firm Virya Infrapower for ₹75.4 Million
This acquisition makes Virya Infrapower a step-down subsidiary of JSW Energy
March 13, 2025
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JSW Neo Energy, a wholly owned subsidiary of JSW Energy, has acquired a 100% stake in Virya Infrapower for ₹75.4 million (~$866,000) in an all-cash transaction. The acquisition was completed on March 12, 2025, the same day the share purchase agreement (SPA) was signed.
