Deals22 Jun 2024, 04:02 am
JSW Neo Energy Receives Award for 300 MW Wind-Solar Hybrid Power Project
AI Summary
JSW Neo Energy Limited, a subsidiary of JSW Energy Ltd, has received a letter of award for a 300 MW ISTS connected Wind-Solar Hybrid Power Project from Solar Energy Corporation of India Limited (SECI). This project is part of SECI's 1,200 MW ISTS connected Wind-Solar Hybrid Power Projects (Tranche VIII). This award increases JSW Neo Energy's total locked-in capacity to 13.6 GW. The company aims to reach 20 GW generation capacity and 40 GWh of energy storage capacity before 2030, and has set a target of achieving Carbon Neutrality by 2050.
Key Highlights
- JSW Neo Energy received a letter of award for a 300 MW Wind-Solar Hybrid Power Project from SECI.
- This project is part of SECI's 1,200 MW ISTS connected Wind-Solar Hybrid Power Projects (Tranche VIII).
- This award increases JSW Neo Energy's total locked-in capacity to 13.6 GW.
- JSW Energy aims to reach 20 GW generation capacity and 40 GWh of energy storage capacity before 2030.
- JSW Energy has set a target of achieving Carbon Neutrality by 2050.