JSW Group is negotiating with a number of possible partners, including well-known Chinese companies like Geely and BYD, in an effort to introduce e-trucks and electric automobiles under its trademark.

In addition to its current joint venture with China's SAIC Motor, the Sajjan Jindal-owned organization is seeking partnerships, including possible licensing agreements or technology transfers for a full-fledged mobility company.

For its own EV effort, the paint-to-steel company has even chosen two platforms for electric cars and two for commercial vehicles.

JSW Green Mobility and JSW MG Motor India, the current joint venture, will operate independently even though they will have synergies.

Furthermore, O2 Power Pooling Pte Ltd, a 4,696 MW renewable energy platform, will be acquired by JSW Neo Energy Limited, the renewable energy division of JSW Energy Ltd, for an enterprise value of Rs12,468 crore ($1.47 billion).

A final deal has been reached for JSW Neo to purchase O2 Power, an alternative energy platform created in collaboration between Singapore's Temasek and the Swedish asset management firm EQT Infrastructure.

Of O2 Power's 4,696 MW of renewable energy capacity, 2,259 MW will be operational by June 2025, while 1,463 MW is currently being built and another 974 MW is planned. By June 2027, all of these are expected to be put into service.

According to a stock market filing, the acquisition will expand JSW Energy's total power generation capacity by 23 percent, from its existing capacity of 20,012 MW to 24,708 MW.

According to JSW Energy, the acquisition of O2 Power Midco Holdings Pte Ltd and O2 Energy SG Pte Ltd is part of the deal, which is pending regulatory and customary approvals.