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P. 5

My Dear Friends,                                        While the energy sector continues to witness lots

                                                                of  rough  weather  and  changes  in  reforms, JSW
        Financial  year  2018-19  has  just  ended  and  we
                                                                Energy has been steadily surging forward to make
        have entered into new financial year with lots of
                                                                its mark. This year too, we are looking at various
        positives both in the Indian Power industry and
                                                                opportunities of organic and inorganic growth.
        also within the company, we have seen  JSW
                                                                With our prudent fiscal policies and sound
        Energy improving significantly in processes and
                                                                financial standing, we are poised to grow
        systems during the last fiscal year resulting in
                                                                aggressively while creating value for our
        improved efficiencies which will definitely make
                                                                stakeholders including the communities we
        us  more  strong  in  this  highly  competitive  and
                                                                serve.
        regulated industry.
                                                                In our relentless journey of continuous
        Year 2018-19 has been an important year in our
                                                                improvement, this year too, we have been
        journey towards the way we conduct ourselves.
                                                                successful in improving most of our operational
        We have been the first company among the
                                                                KPIs across our Plants and business functions. I
        Indian Power generators who has been selected
                                                                can clearly see our employee engagement going
        for the Deming Prize examination which
                                                                up and so has our data-driven analytical thinking
        establishes our TQM process. I am sure that you
                                                                approach. Together, we have been taking steps
        all will focus in this area to ensure that  JSW
                                                                towards creating a world-class organization!
        Energy becomes the first power generator in India

        to qualify for the Deming prize and also becomes        All this has been possible only with your
        the second power generator in the world outside         unyielding efforts and the backing from your
        Japan to win Deming Prize.                              family members. I want to express my heartfelt
                                                                gratitude and appreciation for the unwavering
        This is a continuous journey with number of
                                                                support!
        milestones. I am confident on that you all will
        continue to put in your best efforts with speed to      I can clearly see our exuberant teams bubbling to
        create benchmarks in the industry.                      do more! We must tap this energy in creating
                                                                more improvement at shop floor.
        It makes me more proud to say that our model of
        growth amalgamates the priorities of the People,        We can make it to the top only if we unite with a
        Planet & Profit together through a sustainable          spirit of continuous improvement with strategic
        business model.                                         thinking and innovation. Let us all embody the

                                                                spirit of #BetterEveryday  and make JSW  Energy
                                                                the best in the world!

                                                                With best wishes for a great year ahead,


                                                                                               Sharad Mahendra














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