JSW Energy Limited — Important, 29-10-2024: Updates

JSW Group has signed a Memorandum of Understanding (MoU) with Korea’s POSCO Group to collaborate on developing an integrated steel plant in India, with an initial capacity of 5 million tonnes per annum. The partnership will also focus on battery materials and renewable energy, enhancing India’s steel production and sustainability efforts. This collaboration is expected to leverage JSW's manufacturing strength and POSCO's technological expertise to drive eco-friendly innovation in the steel and energy sectors.