JSW Energy’s IPO is coming up on 7 Dec 2009. The above video shares some key thoughts from Sajjan Jindal, VC and MD of JSW Steel, who believes that in 3-4 years, merchant tariff rates will converge with PPA rates from independent power plants, including his own.

JSW Energy is also keen to have super critical thermal power plants and also nuclear power plants if possible in future.

Point to note: Sajjan Jindal has a track record in creating wealth from technology investments. We will be happy to see his involvement in decisions related to power plant choices.

For investment returns from JSW Energy, he feels a 20-25% ROE (return on equity) will make him and his investors happy. We agree.