Sign agreement for assessing potential of green hydrogen for green steel making, hydrogen mobility, green ammonia and other industrial applications in India JSW Future Energy has entered into a framework agreement with Australia’s Fortescue Future Industries (FII) for potential projects relating to the production of green hydrogen. A statement from JSW Energy said this agreement […]
JSW Energy Q1 Profit Down 6% to Rs 201 Cr, Revenues Decline
JSW Energy is pursuing a growth strategy to expand from the current capacity of 4.6 GW to 10 GW by 2024-25 and 20 GW by 2029-30, with the entire capacity addition being via renewables. JSW Energy on Friday reported 5.6 per cent decline in consolidated net profit at Rs 201 crore for June quarter 2021-22. […]
JSW Energy in Agreement With Australian Firm For Green Hydrogen
The collaboration will enable both parties to explore opportunities to tap into the significant clean energy market opportunity in India and be a front-runner in a future hydrogen economy, an official statement said. JSW Energy on Thursday said its wholly-owned subsidiary JSW Future Energy Ltd has entered into an agreement with Australian Fortescue Future Industries […]
JSW Energy Plans to Spend $10 Billion on Clean Power by 2030
Company Plans to add 15.4 GW of renewables, hydropower Share of clean energy to rise to 84% in capacity mix by 2030 Power generator JSW Energy Ltd. has laid out a 750 billion rupee ($10 billion) plan to shift away from coal, joining other Indian thermal producers who are beginning to seek growth in renewable […]
JSW Energy arm plans to raise $750 million via green bonds
Funds up to $750 million will be raised through issuance of non-convertible, senior, secured, fixed rate green bonds in the international markets, subject to market conditions and receipt of necessary approvals by JSWHEL. NEW DELHI: JSW Energy on Friday said its board has approved a proposal for issuance of green bonds by its arm for […]
Power Demand Growth To Stabilise At 6%, Says JSW Energy’s Prashant Jain
Demand for power will stabilise to grow at 6% on a yearly basis after it fell to a six-month low in November, according to JSW Energy Ltd.’s Prashant Jain. “If you look at the year as a whole, the first quarter saw demand contract 16% year-on-year. The second quarter was flat while the third quarter […]
ICICI Securities: JSW Energy – First Big Renewable Step
JSW Energy’s (JSWEL) subsidiary JSW Solar has received Letter of Awards (LoA) from SECI to set up blended wind capacity totalling 810MW (max solar energy blending allowed is 20%). This is a positive development for the company, which has a vision to reach 10GW capacity in the next 4-5 years, especially after the termination of […]
JSW Solar Bags 810 MW Blended Wind Energy Projects from SECI
New Delhi: JSW Energy on Friday said its solar power subsidiary has bagged 810 MW blended wind energy projects under an auction conduced by state-owned SECI. The Solar Energy Corporation of India (SECI) had conduced an auction for setting up 2,500 MW ISTS (inter state transmission system) projects under tariff based competitive bidding. The […]
JSW Energy CFO Jyoti Kumar Agarwal to step down
JSW Energy on Monday said that its Executive Director Jyoti Kumar Agarwal, who is also the Chief Financial Officer (CFO), has tendered his resignation and will step down with effect from September 15 Mumbai: JSW Energy on Monday said that its Executive Director Jyoti Kumar Agarwal, who is also the Chief Financial Officer (CFO), has […]
JSW Energy signs pact with Jaiprakash Power Ventures to restructure debt
Under key terms of the agreement, an amount of Rs 351.77 crore will be converted into equity shares of JPVL at a par value of Rs 10 each, according to an official statement Mumbai (Maharashtra) : JSW Energy on Thursday entered into an agreement with Jaiprakash Power Ventures Ltd (JPVL) to restructure the principal outstanding […]