Monday, May 17, 2010


Company Profile: JSW Energy Ltd (JSWEL) is a fast growing power services company that is part of the prestigious, $4 Billion valued Jindal South West (JSW) group. The group has diversified interests in areas ranging from steel, energy, minerals and mining, aluminum, infrastructure and logistics, cement and information technology. Formed in the year 1994, as a joint venture between the JSW group and Tractebel S.A. of Belgium, JSW Energy commenced operations in the year 2000 as an Independent Power Producer (IPP), setting up a 260 MW power generating unit. The company was initially called ‘Jindal Tractebel Power Company Ltd.’, but after Tractebel S.A. sold their stake in 2001, the company was renamed as ‘Jindal Thermal
Power Company Limited’. The company secured its current name ‘JSW Energy’ once the JSW group secured a 100% stake in the company. The company has the distinction of being the
first Independent Power Producer (IPP) to set up operations in the state of Karnataka, initially installing 2 units of 130 MW each, with both units generating power using corex gas and coal. In addition to power generation, the firm is also involved in power trading (playing the role of a
power supplier to JSW Steel Ltd. and other Power Trading Corporations), power distribution, providing operation and maintenance services, mining and the manufacturing of super
critical boilers. The company follows very strict environmental standards and its Environmental Management system (EMS) has been certified as ISO 14001 compliant by BVQI. JSW Energy is
also an ISO 9001-2000 and ISO 18001 certified company.

To read the full report: JSW ENERGY