JSW Energy terminates Rs 5,321 cr deal to acquire GMR's Odisha unit

Sajjan Jindal-backed JSW Energy on Friday said it has terminated its Rs 5,321 crore deal to acquire GMR Kamalanga Energy due to COVID-19 related uncertainties. "With elapsing of long stop date, both parties have mutually agreed to terminate the transaction given continued uncertainty due to COVID-19 pandemic," JSW Energy said in BSE filing on Friday.

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