JSWNEL acquires three SPVs from Hetero Labs and Hetero Drugs

JSW Neo Energy Limited (JSWNEL), a wholly owned subsidiary of JSW Energy Limited, has acquired three special purpose vehicles (SPVs) – Hetero Wind Power Limited, Hetero Wind Power (Pennar) Private Limited, and Hetero Med Solutions Limited – with a combined wind energy capacity of 125 MW from Hetero Labs Limited and Hetero Drugs Limited.

This acquisition will support the company’s goal of reaching 10 GW of installed capacity by 2025.