19 Sep 2025 | 3 Mins Read
JSW Energy acquires GE Power boiler business in share swap deal
Flipitmoney
JSW Energy will acquire GE Power India's boiler manufacturing unit through a share-swap demerger, issuing 10 shares for every 139 held by GEPIL shareholders. The deal enhances JSW Energy's thermal power business through vertical integration, reducing third-party suppliers and leading to cost efficiencies and increased production capacity.