JSW Energy's Expansion: New Hybrid Power Project and Solar PPA Signed

JSW Energy's subsidiary, JSW Neo Energy, received a Letter of Award from NTPC for a 300 MW wind-solar hybrid project, raising its total locked-in generation capacity to 16.7 GW. The firm also signed a power purchase agreement for a 300 MW solar project with Bangalore Electricity Supply Company, aiming for 20 GW capacity by 2030.

JSW Energy's subsidiary, JSW Neo Energy, has secured a Letter of Award (LoA) from NTPC to establish a 300 MW wind-solar hybrid power project, marking another milestone in the company's renewable energy pursuits.

With this new capacity award, JSW Energy's total locked-in generation capacity now stands at a robust 16.7 GW, including 2.6 GW of locked-in hybrid capacity. This development underlines the company's strategic move towards becoming a comprehensive energy solutions provider.

Additionally, JSW Renew Energy Twenty Ltd, another subsidiary, has inked a power purchase agreement with Bangalore Electricity Supply Company for a 300 MW solar project located in Pavagada Solar Park, Karnataka. This project, expected to be operational in 18 months, aligns with JSW Energy's ambitious goal of attaining 20 GW generation and 40 GWh energy storage capacity by 2030.

(With inputs from agencies.)