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…
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…
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…
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…
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…
JSW Renew Energy Three Limited, a step-down subsidiary of JSW Energy Limited (JSWEL), signed a 25-year power purchase agreement (PPA) with Adani Electricity Mumbai Limited (AEML) on June 5, 2025. The agreement covers a 250 MW State Transmission Utility (STU)-connected wind power project to be developed in Barshi, Maharashtra. The PPA stems from a bidding…
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…
IndiGrid Infrastructure Trust and JSW Energy Limited have reported solid financial results for the year ending March 31, 2025. IndiGrid posted a net profit of Rs 4.11 billion, marking a 38.85 per cent increase from Rs 2.96 billion in the previous year. Its total income rose by 15.1 per cent to Rs 34.38 billion. In…
JSW Energy Limited reported a 21 per cent year-on-year increase in Q4 revenue, reaching Rs 34.97 billion in the January–March quarter of FY 2024–25, compared to Rs 28.79 billion in Q4 FY 2023–24. For the full year, the company posted Rs 126.39 billion in revenue, up 6 per cent from Rs 119.41 billion in the…
The Government of West Bengal laid the foundation stone for a new 1,600 MW thermal power project at Salboni in Paschim Medinipur district on April 21, 2025. JSW Energy Limited also commenced construction on the same day. The greenfield project will use supercritical or ultra-supercritical technology and have two units of 800 MW each. It…