JSW Neo Energy Secures 600 MW Hybrid Power Project from MSEDCL

JSW Neo Energy, a subsidiary of JSW Energy, secured a 600 MW wind-solar hybrid power project from the Maharashtra State Electricity Distribution Company (MSEDCL). This increases the company's total locked-in generation capacity to 18.2 GW. JSW Energy expects to reach 20 GW generation and 40 GWh storage capacity by 2030.

In a significant development, JSW Neo Energy, a subsidiary of JSW Energy, has successfully secured a 600 MW wind-solar hybrid power project from the Maharashtra State Electricity Distribution Company (MSEDCL).

This award boosts JSW Energy's locked-in generation capacity to an impressive 18.2 GW, which includes 3.8 GW of hybrid capacity. The secured project includes 400 MW under the greenshoe option as part of MSEDCL Phase IV.

With an ambitious target to hit 20 GW generation capacity and 40 GWh of energy storage by 2030, JSW Energy continues to enhance its energy solutions and transition toward becoming a comprehensive energy products and services firm. The company aims for Carbon Neutrality by 2050.

(With inputs from agencies.)