Deals10 Sept 2024, 02:31 pm
JSW Neo Energy Receives Award for 600 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 setting up a 600 MW Wind-Solar Hybrid Power Project from Maharashtra State Electricity Distribution Company Limited (MSEDCL). This project will increase JSW Energy's total locked-in generation capacity to 18.2 GW, including a total locked-in Hybrid capacity of 3.8 GW. The company 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 received a letter of award for a 600 MW Wind-Solar Hybrid Power Project from MSEDCL.
- This project will increase JSW Energy's total locked-in generation capacity to 18.2 GW.
- The project includes a total locked-in Hybrid capacity of 3.8 GW.
- JSW Energy 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.