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GE Power India’s Durgapur Unit Demerger to JSW Energy

5 months ago

9 min read

In a strategic move aimed at portfolio realignment, GE Power India Limited has announced the proposed hive-off of its Durgapur boiler manufacturing facility to JSW Energy Limited through a scheme of arrangement, marking a strategic realignment for both companies. The transaction reflects GE Power India’s intent to sharpen its focus on its services-led business, while enabling JSW Energy to achieve backward integration by securing in-house manufacturing capabilities fo...

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Aniruddha Jain

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