Deals27 Aug 2024, 02:21 pm
JSW Energy Subsidiary Wins 200 MW Wind-Solar Hybrid Power Project Award from MSEDCL
AI Summary
JSW Neo Energy Limited, a wholly-owned subsidiary of JSW Energy Ltd, has received a Letter of Award from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for setting up a 200 MW Wind-Solar Hybrid Power Project. This award increases the company's total locked-in generation capacity to 17.2 GW, with a target of reaching 20 GW and 40 GWh of energy storage capacity before 2030. JSW Energy is committed to achieving Carbon Neutrality by 2050.
Key Highlights
- JSW Neo Energy Limited wins 200 MW Wind-Solar Hybrid Power Project from MSEDCL.
- Company's total locked-in generation capacity increases to 17.2 GW with this award.
- JSW Energy aims to reach 20 GW generation capacity and 40 GWh of energy storage capacity before 2030.
- JSW Energy is committed to achieving Carbon Neutrality by 2050.
- The project enhances the company's energy solution offerings and supports its transition towards becoming an energy products and services company.