In Short : JSW Energy has secured a 700 MW solar project, marking a significant expansion in its renewable energy portfolio. This acquisition aligns with JSW Energy’s strategic goals in enhancing its presence in the solar energy sector and contributing to India’s clean energy transition. In Detail : The project is part of a plan […]
JSW Energy said that its wholly owned subsidiary, JSW Neo Energy has received Letter of Awards (LoA) for a wind capacity of 500 MW from Solar Energy Corporation of India (SECI) for setting up wind power project. The company will set up 1,350 MW wind power project (tranche XVI). As per the construct of the […]
JSW Energy has stepped up plans to achieve a power capacity of 9.8 GW by FY25, and is well on track to meet this target. Further, to augment power generation, the power producing company has plans to implement projects in pumped storage hydropower and battery storage (40 GW), as well as aspires to build capacities […]
JSW Energy said short-term sales were lower in the quarter under review due to an unfavourable base effect from the last financial year Sajjan-Jindal promoted JSW Energy on Friday reported a 48 per cent decline in its consolidated net profit, owing to weakness in its hydro energy, short-term sales, and coal segments, along with charges […]
JSW Energy’s Q4 net profit was down 67.86% to Rs 282.03 crore. JSW Energy Ltd.’s profit for the fourth quarter of fiscal 2023 declined by more than half, on lower margin and higher operational cost. Net profit for the fourth quarter ended March 2023 was down 67.86% to Rs 282.03 crore, according to its exchange […]
JSW Energy on Friday announced the commissioning of a 51-megawatt (MW) wind energy project in Tamil Nadu by one of its step-down subsidiaries. “JSW Renew Energy Two Limited has commissioned 51 MW of wind power capacity under phase-wise commissioning of 450 MW ISTS-connected wind power project awarded under SECI tranche X in Tamil Nadu,” JSW […]
JSW Energy said that it has finished paying over Rs 10,000 crore to Mytrah Energy (India) Private Limited (MEIPL) for 1,753 Megawatt of renewable energy assets. After taking into account net current assets and other adjustments made pursuant to the share purchase agreements, the deal values the Mytrah Energy portfolio at an enterprise valuation of […]
JSW Energy on Thursday said that its arm JSW Renew Energy Five has bagged two battery energy storage system projects totalling 500 MW/ 1,000 MW from Solar Energy Corporation of India (SECI). The company will be entitled to receive a fixed capacity charge of Rs 10.8 lakh per MW per month for twelve years, a […]
Indian power company JSW Energy Ltd (BOM:533148) said on Thursday that its wholly-owned subsidiary has received Letter of Awards (LoAs) from Solar Energy Corporation of India Limited for two 250-MW/500-MWh standalone battery energy storage systems (BESS). The subsidiary, JSW Renew Energy Five Limited, will be entitled to receive a fixed capacity charge of INR 1.08 […]