JSW Energy Ltd. ('the Company') announced, that its step-down subsidiary, JSW Renew Energy Two Limited, has successfully completed commissioning for the 300 MW ISTS-connected wind power project awarded by Solar Energy Corporation of India (SECI) tranche X located at Tuticorin, Tamil Nadu.
This marks the first-ever greenfield wind power plant commissioned by the company for SECI. The newly commissioned wind power project will contribute significantly to our renewable energy portfolio, supporting our vision of a greener and sustainable future. The additional 150 MW of wind capacity awarded under SECI Tranche X located at Dharapuram, Tamil Nadu is also nearing completion with 138 MW already commissioned.
Subsequent to this, total current installed capacity stands at 7,726 MW while the underconstruction capacity stands at 2,114 MW, that is expected to be commissioned by the end of FY 2025. The Company's current installed wind capacity stands at 2,152 MW.
Sharad Mahendra, Joint Managing Director and CEO of JSW Energy: "Today, JSW Energy proudly commissions its first greenfield wind power plant for SECI, reaffirming our strong execution capabilities and commitment to a greener future for India. This achievement moves us closer to our target of 10 GW installed capacity by FY2025. Additionally, we have a robust pipeline of renewable projects, propelling us towards our goal of 20 GW before 2030. I extend my heartfelt gratitude to our dedicated team and partners for their unwavering support."
JSW Energy has total locked-in generation capacity of 18.2 GW comprising of wind, solar, hydro and thermal power plants. The Company's current renewable pipeline stands at 8.3 GW with PPAs signed for 2.3 GW. The company also has 4.2 GWh of locked-in energy storage capacity through battery energy storage system and hydro pumped storage project. 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.
Shares of JSW Energy Limited was last trading in BSE at Rs. 767.90 as compared to the previous close of Rs. 760.20. The total number of shares traded during the day was 190711 in over 8347 trades.
The stock hit an intraday high of Rs. 775.00 and intraday low of 757.50. The net turnover during the day was Rs. 146736902.00. |
