STOCKWATCH
·
Power Generation
New Launch15 Jan 2025, 07:32 pm

JSW Energy (Utkal) Limited Synchronises 350 MW Unit of Thermal Power Plant in Odisha

AI Summary

JSW Energy (Utkal) Limited, a subsidiary of JSW Energy Limited, has successfully synchronised Unit-2 (350 MW) of Utkal Thermal Power Plant located at Jharsuguda district of Odisha. The plant, which runs on domestic coal, was acquired under NCLT proceedings in December 2022 and has been fully revived and synchronised in approximately 24 months. The unit comes online at a critical juncture of high demand growth and will support the nation’s increasing base load demand and help support the energy security needs. This will help the company to further diversify its fuel mix, geographical spread and off take arrangements. The company’s locked-in thermal capacity stands at 7,458 MW and with the commissioning of Unit-2 (350 MW) the operating thermal capacity will increase to 3,858 MW. The company’s total locked-in generation capacity stands at 28.2 GW, positioning JSW Energy to achieve its target of 20 GW significantly before 2030 and is committed to a net zero target by 2050.

Key Highlights

  • JSW Energy (Utkal) Limited has synchronised Unit-2 (350 MW) of Utkal Thermal Power Plant in Odisha.
  • The plant runs on domestic coal and is not tied-up under long-term power purchase agreement.
  • The unit comes online at a critical juncture of high demand growth and will support the nation’s increasing base load demand and help support the energy security needs.
  • The company’s locked-in thermal capacity stands at 7,458 MW and with the commissioning of Unit-2 (350 MW) the operating thermal capacity will increase to 3,858 MW.
  • JSW Energy is committed to a net zero target by 2050.
JSWENERGY
Power Generation
JSW Energy Ltd

Price Impact