JSW Energy

News | Generation | India

JSW Neo Energy to acquire Tidong Power for 150 MW hydro project
By September 19, 2025October 28, 2025

JSW Energy Limited has announced that its subsidiary, JSW Neo Energy Limited, has signed a definitive agreement to acquire Tidong Power Generation Private Limited, which is developing a 150 megawatt (MW) run-of-river hydro project in Himachal Pradesh. The acquisition involves 100 per cent equity purchase from Statkraft IH Holding AS at an enterprise value of Rs 1,728 crore, subject to adjustments outlined in the share purchase agreement. The deal is expected to close on or…

Read More JSW Neo Energy to acquire Tidong Power for 150 MW hydro project
News | Generation | India

GE Power to demerge Durgapur boiler business to JSW Energy
By September 19, 2025October 28, 2025

GE Power India Limited (GEPIL) has approved a scheme of arrangement to demerge its Durgapur-based power boiler components and coal mill manufacturing business into JSW Energy Limited. The board cleared the proposal on 18 September 2025, along with a Demerger Cooperation Agreement. Under the plan, the Durgapur unit, which manufactures power boiler parts, pressure vessels, piping, and coal mills, will be transferred to JSW as a going concern. In return, shareholders of GE Power India…

Read More GE Power to demerge Durgapur boiler business to JSW Energy
News | India | Renewable Energy

JSW Energy commissions 317 MW renewable capacity in August
By September 15, 2025October 28, 2025

JSW Energy Limited has added 317 megawatts (MW) of renewable capacity in August 2025, raising its total installed capacity to 13,097 MW. The new capacity includes 240 MW from the Kutehr hydro project, 43 MW of wind power, and 34 MW of solar installations. With this addition, renewable energy accounts for 57 percent of the company’s portfolio, comprising 3,617 MW of wind, 2,192 MW of solar, and 1,631 MW of hydro. According to the company,…

Read More JSW Energy commissions 317 MW renewable capacity in August
India | News

JSW fully commissions Kutehr hydro project in Himachal Pradesh
By August 12, 2025August 12, 2025

JSW Energy Limited has completed the commissioning of the third and final 80 MW unit at its Kutehr Hydroelectric Power Plant in Chamba, Himachal Pradesh. This comes just days after the company began power dispatch from the project’s first 80 MW unit. Electricity from the entire 240 MW capacity is now being supplied to Haryana. The project operates under a 35-year power purchase agreement with Haryana Power Purchase Centre at a levelised ceiling tariff of…

Read More JSW fully commissions Kutehr hydro project in Himachal Pradesh
India | News

JSW acquires KWIPL, commissions first unit of Kutehr hydro project
By August 5, 2025August 5, 2025

JSW Energy Limited, as per its recent announcements, has acquired a 51 per cent stake in KSK Water Infrastructures Private Limited (KWIPL) and commissioned the first unit of its 240 MW Kutehr hydroelectric project in Himachal Pradesh. The KWIPL transaction was completed under a settlement plan approved by the National Company Law Tribunal (NCLT), Hyderabad Bench. JSW Energy paid Rs 962 crore to KWIPL’s lenders, acquiring a majority stake. The remaining 49 per cent is…

Read More JSW acquires KWIPL, commissions first unit of Kutehr hydro project
India | News

JSW Energy signs first FDRE power deal with SECI
By July 28, 2025July 28, 2025

JSW Energy’s unit, JSW Neo Energy, has signed a 25-year power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) to supply 230 megawatts (MW) of firm and dispatchable renewable energy (FDRE) from interstate transmission system (ISTS)-connected projects across India. The PPA, secured under SECI’s FDRE Tranche IV scheme, is JSW’s first agreement in the FDRE segment. The power will be supplied at a tariff of Rs 4.98 per kilowatt-hour (kWh). This follows…

Read More JSW Energy signs first FDRE power deal with SECI
India | News

JSW Energy adds 261 MW renewable capacity
By July 10, 2025July 10, 2025

JSW Energy Limited (JSWEL) has commissioned a total of 261 MW in wind and solar capacity. This includes 189 MW of solar and 72 MW of wind projects, pushing the company’s total installed capacity to 12,760 MW. This expansion brings JSW Energy’s total additions for the first quarter of FY 2025-26 to 1.9 GW. The growth includes both organic and inorganic additions. Renewables now account for 56 per cent of the company’s installed capacity, with…

Read More JSW Energy adds 261 MW renewable capacity
India | News

JSW Energy signs BESPA for 500 MWh BESS project in Rajasthan
By July 7, 2025July 16, 2025

JSW Energy Limited has announced that its step-down subsidiary, JSW Renew Energy Thirty Seven Limited, has signed a battery energy storage purchase agreement (BESPA) with Rajasthan Rajya Vidyut Utpadan Nigam Limited. The agreement covers the development of a 250 MW/500 MWh standalone battery energy storage system (BESS) project in Rajasthan. The project will receive support through viability gap funding. The BESPA is valid for 12 years, with a contracted tariff of Rs 224,000 per MW…

Read More JSW Energy signs BESPA for 500 MWh BESS project in Rajasthan
India | News

JSW signs PPA with NHPC for 300 MW hybrid project
By June 27, 2025July 16, 2025

Energizent Power Private Limited, a step-down subsidiary of JSW Energy Limited, signed a 25-year power purchase agreement (PPA) with NHPC Limited on June 25, 2025. The agreement covers a 300 MW wind-solar hybrid power project to be developed in Rajasthan and Andhra Pradesh. The project was originally awarded in February 2024 to Energizent Power, then a wholly-owned subsidiary of O2 Power Private Limited. The company had secured the capacity by quoting a tariff of Rs…

Read More JSW signs PPA with NHPC for 300 MW hybrid project
India | News

L&T secures civil works contract for 1,500 MW Bhavali pumped storage project
By June 13, 2025July 16, 2025

Larsen & Toubro Limited (L&T) has won a contract from JSW Energy Limited (JSWEL) for civil works of the 1,500 MW Bhavali Pumped Storage Project. The contract was awarded on June 9, 2025. The scope includes full civil execution—construction of approach roads, upper and lower reservoirs, water conductor system (WCS), pressure tunnels, and an underground powerhouse. The Bhavali plant is designed for 8 hours of daily peaking and 9.25 hours of daily pumping. It will…

Read More L&T secures civil works contract for 1,500 MW Bhavali pumped storage project