Deals8 Aug 2024, 02:15 pm
JSW Energy Subsidiary Wins 230 MW Firm and Dispatchable Renewable Energy Capacity Bid from SECI
AI Summary
JSW Neo Energy Limited, a wholly-owned subsidiary of JSW Energy Ltd, has received a Letter of Award from Solar Energy Corporation of India Limited (SECI) for the supply of 230 MW ISTS connected Firm and Dispatchable Renewable Energy (SECI-FDRE-IV). This award increases JSW Energy's total locked-in generation capacity to 16.4 GW and supports its transition towards becoming an energy products and services company. The company aims to reach 20 GW generation capacity and 40 GWh of energy storage capacity before 2030 and achieve Carbon Neutrality by 2050.
Key Highlights
- JSW Neo Energy Limited wins 230 MW ISTS connected Firm and Dispatchable Renewable Energy capacity bid from SECI
- This win increases JSW Energy's total locked-in generation capacity to 16.4 GW
- JSW Energy is transitioning towards becoming an energy products and services company
- The company aims to reach 20 GW generation capacity and 40 GWh of energy storage capacity before 2030
- JSW Energy has set an ambitious target of achieving Carbon Neutrality by 2050