Mint Chennai

JSW Energy arm to acquire wind project from Reliance Power

- RHIK KUNDU

New Delhi: A recovery in tourism and higher electronic­s exports will give India and other South Asian economies an additional lift from the pandemic-induced slowdown and its aftershock­s, Moody’s Analytics said in a report on Friday. “India and Southeast Asia have seen some of the largest output losses globally,” said the report, titled ‘Global Outlook: Taking Stock’, “but stronger growth in the latter half of 2023 has allowed them to make back some lost ground”.

New Delhi: JSW Renewable Energy (Coated) Ltd, a whollyowne­d subsidiary of JSW Neo Energy Limited will acquire 45 MW Vashpet wind project from Reliance Power Ltd for ₹132 crore. JSW Renewable Energy (Coated) Ltd is a step-down subsidiary of JSW Energy. In a regulatory filing, JSW Energy said that the wind power project is located in Sangli district of Maharashtr­a. world.”

Interestin­gly, all these are also names of initiative­s of the central government that has been pushing for more localizati­on and developing India as a manufactur­ing hub, apart from attempting to transform the country into a developed nation.

Words, Bajaj said, would not change the world, unless one has the skills to put those words into action. “It would certainly not change the world by saying I will spend tens of thousands of crores of rupees on CSR (corporate social responsibi­lity) or that I want to touch billions of lives.”

On Friday, the Bajaj group committed ₹5,000 crore towards several CSR initiative­s over five years focused on skill developmen­t, an announceme­nt that saw the coming together of the larger Bajaj family. It unveiled ‘Bajaj Beyond’—an identity for the group’s

BAJAJ will set aside ₹5,000 crore to CSR initiative­s over five years focused on skill developmen­t

social impact programmes. It has set a target to skill 20 million Indians in this period. While its group companies such as Bajaj Auto, Bajaj Finserv and

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AFP

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