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…
The Competition Commission of India (CCI) has approved JSW Neo Energy Private Limited’s acquisition of 4,696 MW renewable energy projects from O2 Power Private Limited. JSW Neo Energy is a wholly owned subsidiary of JSW Energy Limited (JSWEL). Under the deal, JSWEL will acquire the renewable energy platform of O2 Power Pooling Pte. Limited, including O2 Power Midco Holdings Pte. Limited and O2 Energy SG Pte. Limited, for an enterprise value of Rs 124.68 billion…
JSW Neo Energy, a subsidiary of JSW Energy, has signed an agreement to acquire a 4,696 MW renewable energy platform from O2 Power for Rs 124.68 billion. O2 Power is a joint venture of EQT Infrastructure and Temasek. The acquisition involves O2 Power Midco Holdings and O2 Energy SG and requires approval from the Competition Commission of India (CCI) and other regulatory clearances. The renewable energy portfolio includes 2,259 MW operational by June 2025, 1,463…
O2 Power Private Limited has signed a Power Purchase Agreement (PPA) with East Central Railways (ECR) for the supply of 100 MW Round-The-Clock (RTC) Renewable Energy (RE) power in India. In January 2024, O2 Power won 100 MW RTC RE power project at a tariff of Rs 4.37 per kWh. Bids for supply of 750 MW RTC RE power projects with or without storage anywhere in India were invited by Railway Energy Management Company Limited…