JSW Energy to invest Rs 140 billion in O2 Power

JSW Energy Limited has announced an investment of Rs 140 billion to expand the renewable energy capacity of its O2 Power platform. The company plans to scale up O2 Power’s portfolio to 4.7 GW by June 2027.

O2 Power currently has 1.3 GW of installed capacity. An additional 2,259 MW is expected to become operational by June 2025, with 1,463 MW under construction and 974 MW in the development pipeline.

JSW Energy acquired O2 Power through its subsidiary, JSW Neo Energy Limited, in December 2024. The acquisition was made at an enterprise value of Rs 124.68 billion.