JSW Energy Limited approved the appointment of Mr. Munesh Khanna as an Additional and Independent Director of the Company with effect from 26th March, 2021 for a term of 5 years, subject to the approval of the Members of the Company. Mr. Munesh Khanna, is a chartered accountant by qualification. He started his career with the accounting and advisory firm of Arthur Andersen in the audit division and was subsequently made partner in the tax practice before rising to become the Country Head-India of its Corporate Finance Division. He has been the Managing Director and Country Head of NM Rothschild and Co. in India. His work experience also includes Country Head of Investment Banking at DSP Merrill Lynch and Country Leader of Corporate Finance and Restructuring at PricewaterhouseCoopers as well as senior positions at Grant Thornton and Centrum Capital. Mr. Khanna has a strong grounding in accounting, extensive understanding of tax and corporate affairs, expertise in corporate finance, strategy and business restructuring. He has been involved in complex transactions in India, such as The Enron Dabhol Power Company restructuring, acquisition of Tetley Tea by Tata Tea, listing of Cairn Energy in India, merger of Bharti Retail with Future Retail, IPO of Air Deccan, privatisation of Mumbai Airport, unlocking of value of companies like Arvind Limited, Indofil Industries by way of de-mergers.
JSW Energy Limited is an India-based power company, which is engaged in the business of power generation. The Company operates through two segments: Thermal, and Renewables. Its Thermal segments comprises generation of power from coal and other thermal sources (lignite, gas, and oil) from plants owned and related ancillary services. Its Renewables segment comprises generation of power from renewable energy sources through hydro, wind, solar and related ancillary services. Its plants include Baspa, Karcham Wangtoo, Barmer, Vijaynagar and Ratnagiri. Baspa Plant is in the higher reaches of the Himalayas and has a generating capacity of approximately 300 megawatts (MW). The Karcham Wangtoo plant is located on the river Satluj in Kinnaur District of Himachal Pradesh and has a generating capacity of approximately 1091 MW. Barmer Plant is located close to its fuel source, the lignite mines in Kapurdi, and Jalipa. The Vijayanagar plant consists of two separate business units, BU I and SBU I.
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
