Tuesday, 20 February 2018

JSW Energy Shares Gained As Much As 2.5 Percent In Morning

JSW Energy shares gained as much as 2.5 percent in morning on signing pact with Maharashtra government for setting up manufacturing unit for electric vehicles and energy storage systems in the state.

"The company has now entered into another MoU with the Government of Maharashtra for setting up facilities for the manufacturing of EV and Energy Storage Systems in the state of Maharashtra, subject to receipt of internal corporate approvals," Sajjan Jindal-led company said in a BSE filing.

This agreement was in addition to the earlier MoU with the Government of Gujarat with respect to EV manufacturing and associated businesses.

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