Opening Bell: Frontline indices trade in green!
tra for setting up a 960 MW capacity Hydro Pumped Storage Project (PSP) viz. Pane (Raigarh) Pump Storage Project in Maharashtra.
JSW Energy’s platform capacity stands at ~9.1GW (share of renewables at 65%) including 1.75 GW of renewable assets under acquisition from Mytrah and about 2.5 GW of under-construction/in-pipeline wind and hydro projects which are likely to be commissioned in phases over the next 12-24 months. Further, the company is well ahead of timelines in achieving its near-term capacity target of 10GW by FY25.
Sterlite Technologies - The company has informed the exchange that it has completed the divestment of its stake (through its wholly-owned subsidiary) in Impact Data Solutions Limited, UK (IDS UK) to Hexatronic Group AB (publ.) on October 4, 2022.
Sterlite Technologies is one of the industry's leading integrators of digital networks providing all-in 5G solutions. Their capabilities across optical networking, services, software, and wireless connectivity place them amongst the top optical players in the world.
Jubilant Foodworks - The company has informed the bourses that Jubilant Foodworks Netherlands B.V. (“JFN”), a wholly owned subsidiary of the company has increased its stake in DP Eurasia N.V. (DPEU) through various on-market purchases. As on October 3, 2022, JFN is holding 7,14,13,939 ordinary shares in DPEU representing 49.04% of its issued share capital.
DP Eurasia is the exclusive master franchisee of the Domino’s Pizza brand in Turkey, Russia, Azerbaijan and Georgia. DP Eurasia (together with its subsidiaries) is the largest pizza delivery company in Turkey and the third largest in Russia.
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