Sajjan Jindal-sponsored JSW Energy Ltd has acquired GMR's Kamalanga Energy Ltd for ₹5,321 crore. Post the acquisition, the total installed power generation capacity of JSW Energy will increment to 5,609 MW. The company had declared this acquisition in October. GMR Kamalanga Energy Ltd is an auxiliary of GMR Energy Ltd and works a 1,050-MW warm plant in Odisha. The acquisition is an all-money bargain and incorporates three plants with 350 MW limit each, situated at Dhenkanal locale in Odisha, with incomes of ₹2,195 crore. 

The acquisition will grow JSW Energy's quality in the eastern locale and broaden its fuel blend and offtake courses of action. The arrangement is relied upon to experience in a quarter of a year. Be that as it may, endorsements are required from the Competition Commission of India, moneylenders of GMR Kamalanga Energy, Uttar Haryana Bijli Vitran Nigam, and PTC India. The loan specialists incorporate IDFC, SBI, IDBI, UCO and Canara Bank. 

A year ago, JSW Energy had acquired Ind Barath under the corporate bankruptcy procedures. This arrangement is anticipating last endorsement from the NCLT. "In our view, both the acquisitions are esteem accretive and can lift return on value by 250 bps throughout the following two years," said a note by Edelweiss Research. JSW Energy is seeking after a blended technique of upgrading conventional warm force, alongside sustainable power source, with its wagers on hydro and sunlight based.