JSW Neo Energy, a wholly-owned subsidiary of JSW Energy, has received a Letter of Award (LoA) from Maharashtra State Electricity Distribution (MSEDCL) for a 200 MW wind-solar hybrid power project. This award follows a tariff-based competitive bid under MSEDCL-Phase III.

With this new project, JSW Neo Energy’s total locked-in generation capacity reaches 17.2 GW, which includes 2.9 GW of hybrid capacity (including FDRE). Currently, the company has a generation capacity of 7.5 GW and aims to increase its installed capacity to 10 GW by FY25.

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