Deals24 Aug 2024, 12:12 am
JSW Energy Subsidiary Wins 250 MW Wind Power Project Bid from Adani Electricity Mumbai
AI Summary
JSW Neo Energy Limited, a wholly-owned subsidiary of JSW Energy Ltd, has received a Letter of Award for setting up a 250 MW Grid-connected Wind Power Project from Adani Electricity Mumbai Limited against Tariff based Competitive Bid. This win increases the company's total locked-in generation capacity to 17.0 GW, with a total locked-in wind capacity of 4.7 GW. JSW Energy aims to reach 20 GW generation capacity and 40 GWh of energy storage capacity before 2030 and has set an ambitious target of achieving Carbon Neutrality by 2050.
Key Highlights
- JSW Neo Energy Limited wins 250 MW Wind Power Project bid from Adani Electricity Mumbai Limited
- This win increases the company's total locked-in generation capacity to 17.0 GW
- JSW Energy's total locked-in wind capacity now stands at 4.7 GW
- 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