JSW Energy's pursuit of Reliance Power's wind power projects underscore the company's strategic foresight and underscores its commitment to sustainable growth in the evolving energy landscape. In a stock exchange notice on Thursday, Reliance Power said, "The company has settled the entire obligations with respect to its borrowings from DBS Bank in accordance with the settlement agreement dated January 05, 2024 as a result the assets of 45 MW Wind Power Project are free from the encumbrance."The company settled ₹400 crore loans from ICICI Bank, Axis Bank and DSB Bank, as reported by ET on March 20. The three lenders jointly recovered close to 30-35% of their principal loans. In April 2023, it settled JC Flowers ARC and Canara Bank loans, according to exchange disclosures. Reliance Power's total financial indebtedness stood at ₹765 crore as of December 31, 2023. Although most debt is settled, it owes some lenders.