JSW Energy Limited

JSW Energy Limited is an Indian company in the power industry (formerly Jindal Thermal Power Company LTD.) with 6 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 8.05% to 8.8% a year. One has a floating or market-linked coupon. Maturity dates run from 3 Mar 2028 to 28 Sep 2033. NSDL records 0 of the 6 whose terms it holds as secured. Latest credit ratings on record: ICRA AA (Stable) (action dated 11 Sep 2026); India Ratings AA (Stable) (action dated 8 Sep 2026). Verify current terms against the official documents linked on this page.

Data as of 15 Nov 2026 (snapshot 20261115-2253) · How this page is compiled

Issuer overview

Legal name
JSW ENERGY LIMITED
Formerly
Jindal Thermal Power Company LTD.
CIN
L74999MH1994PLC077041
LEI
3358001ZFBW2VIMBMI85
Company status
Active
Industry
Power
Business
Electric Utilities
Ownership
Non PSU
ISIN issuer code
INE121E
Outstanding bonds (ISINs)
6 (plus 5 matured)
Stated coupons (fixed rate)
8.05% – 8.8%
Maturity dates
3 Mar 2028 – 28 Sep 2033
Secured (NSDL)
0 of 6
Combined issue size of outstanding bonds
₹2,750 crore

Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.

JSW Energy bonds: ISIN, coupon and maturity

6 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Rating (NSDL)
INE121E08039 NCD 8.75% Yearly 4 Mar 2025 3 Mar 2028 ₹1,00,000 700 Unsecured None recorded India Ratings AA 8 Sep 2026
INE121E08047 NCD 8.75% Yearly 20 Mar 2025 20 Mar 2028 ₹1,00,000 400 Unsecured None recorded India Ratings AA 8 Sep 2026
INE121E08070 NCD 8.05% Yearly 12 Nov 2025 10 Nov 2028 ₹1,00,000 250 Unsecured None recorded India Ratings AA 8 Sep 2026
INE121E08021 NCD 8.8% Yearly 4 Mar 2025 4 Mar 2030 ₹1,00,000 500 Unsecured None recorded India Ratings AA 8 Sep 2026
INE121E08054 NCD 8.8% Yearly 20 Mar 2025 20 Mar 2030 ₹1,00,000 400 Unsecured None recorded India Ratings AA 8 Sep 2026
INE121E08088 NCD Floating / market-linked Yearly 28 Sep 2026 28 Sep 2033 ₹1,00,000 500 Unsecured None recorded India Ratings AA 8 Sep 2026
Notes on this table
  • Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
  • Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
  • "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
  • Prices and yields are not shown. They change with every trade: see BSE and NSE.
  • Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Floating rate bond · Credit rating.

JSW Energy credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
ICRA AA Stable Reaffirm 11 Sep 2026 6 Checked 4 Nov 2026
India Ratings AA Stable Reaffirm 8 Sep 2026 6 Verified by NSDL · Checked 4 Nov 2026
Rating history
Date Agency Rating Outlook Action
11 Sep 2026 ICRA AA Stable Reaffirm
8 Sep 2026 India Ratings AA Stable Reaffirm
12 Sep 2025 ICRA AA Stable Reaffirm
9 Sep 2025 India Ratings AA Stable Reaffirm
1 Apr 2025 India Ratings AA Stable Reaffirm
31 Mar 2025 ICRA AA Stable Reaffirm
24 Jan 2025 India Ratings AA Stable New
8 Jan 2025 ICRA AA Stable New

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: ICRA, India Ratings

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
28 Sep 2026 INE121E08088 28 Sep 2033 Placement memorandum on BSE
12 Nov 2025 INE121E08070 10 Nov 2028 Placement memorandum on BSE
20 Mar 2025 INE121E08047 20 Mar 2028 Placement memorandum on BSE
20 Mar 2025 INE121E08054 20 Mar 2030 Placement memorandum on BSE
4 Mar 2025 INE121E08039 3 Mar 2028 Placement memorandum on BSE
4 Mar 2025 INE121E08021 4 Mar 2030 Placement memorandum on BSE
15 Mar 2023 INE121E08013 13 Mar 2026 Placement memorandum on BSE
30 Sep 2022 INE121E07361 30 Sep 2025 Placement memorandum on BSE
9 Mar 2021 INE121E07353 16 Feb 2024 Placement memorandum on BSE
29 Jan 2020 INE121E07346 28 Jan 2022 Placement memorandum on BSE
20 Sep 2017 INE121E07338 18 Sep 2020 Placement memorandum on BSE

From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.

Company details

Date of incorporation
10 Mar 1994
Class
https://www.jsw.in/
Listed / unlisted
Listed
Registered office
JSW Centre, Bandra Kurla Complex, Bandra East Mumbai, 400051
State
Maharashtra
Registrar of Companies
Mumbai
Authorised capital
50000000000
Paid-up capital
18334800000
Last AGM
9 Jul 2026

JSW Energy bonds: questions and answers

What bonds has JSW Energy Limited issued?

JSW Energy Limited has 6 outstanding bonds recorded on this page. By type, as described by NSDL: 6 NCDs. 5 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of JSW Energy Limited bonds?

Its 6 outstanding bonds each have their own ISIN, for example INE121E08039, INE121E08047, INE121E08070. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE121E.

What coupon rates do JSW Energy Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 8.05% to 8.8% a year on face value. One bond has a floating or market-linked coupon. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.

When do JSW Energy Limited bonds mature?

Its outstanding bonds have maturity dates from 3 Mar 2028 to 28 Sep 2033. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of JSW Energy Limited bonds?

NSDL India Bond Info records ICRA AA (Stable) (action dated 11 Sep 2026); India Ratings AA (Stable) (action dated 8 Sep 2026) on its outstanding bonds. Checked on NSDL on 4 Nov 2026. A rating is the agency's opinion and can change at any time.

Are JSW Energy Limited bonds secured, unsecured or guaranteed?

NSDL records 0 of the 6 outstanding bonds whose terms it holds as secured and 6 as unsecured. None is recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.

Is JSW Energy Limited the same company as Jindal Thermal Power Company LTD.?

Yes. JSW Energy Limited was formerly known as Jindal Thermal Power Company LTD.; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is L74999MH1994PLC077041.

Where can investors find the original disclosure documents for JSW Energy Limited bonds?

Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.

How can investors check the current market price or yield of JSW Energy Limited bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE and NSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.

Sources and dates

Data as of 15 Nov 2026 (snapshot 20261115-2253). Facts on this page last changed on 28 Oct 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.

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Bond Interpretation is an information resource on Indian corporate bond issuers, published by Newsinterpretation. It covers the companies behind corporate bonds and non-convertible debentures (NCDs): their outstanding bonds with ISIN-level terms, credit ratings as recorded by the depository, private placements and public NCD issues. It brings together depository (NSDL India Bond Info), exchange (BSE and NSE) and company records, and shows the source and date of each fact. The pages are compiled automatically from those records. Bond Interpretation publishes no credit ratings, opinions or recommendations to buy, sell or hold of its own.

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