Q3 FY25: JSW Energy EBITDA Decline 9% YoY To Rs. 1,115 Cr. Updated On Thu, Jan 30th, 2025 by Saurenergy Mumbai-based JSW Energy (JSW Energy), in its quarterly results (Q3 FY25) ended December 31, 2024, reported a decline in its EBITDA by 9% YoY to ₹1,115 Cr. The company attributed this decline primarily to lower short-term spreads, despite higher overall generation. Meanwhile, its Profit After Tax (PAT) and Cash PAT stood at ₹168 Cr and […] Read more
SECI Proposes, CERC Disposes- JSW Energy’s 500 MW BESS Tender In Trouble Updated On Fri, Jan 3rd, 2025 by Saurenergy In a blow to JSW Energy’s BESS plans, the tender it won for SECI’s 500 MW/1000 MWh standalone battery energy storage systems has failed to pass muster with CERC. On plea to adopt the tariffs for the said tender, won by JSW Energy at Rs 10.88/unit after due process, the CERC pointed to the inexplicably […] Read more
JSW Energy Ramps Up Green Portfolio With 4.69 GW Buy From O2 Power Updated On Mon, Dec 30th, 2024 by Saurenergy JSW Energy has announced that it has entered an agreement to acquire a 4,696 megawatt (MW) renewable energy platform from O2 Power Pooling Pte Ltd for Rs 12,468 crore (approximately USD 1.47 billion). O2 Power is a joint venture between EQT Infrastructure and Singapore’s sovereign wealth fund Temasek, founded by ex ReNew Power employees, Parag […] Read more
IMFA Invests Rs 83.26 Crores In JSW Energy Hybrid Project Updated On Wed, Dec 18th, 2024 by Saurenergy The Odisha-based Indian Metals & Ferro Alloys (IMFA), has entered into a joint venture with JSW Green Energy. Under the collaboration, the ferrochrome integrated producer would source renewable energy for its smelting operations. IMFA signed a binding term sheet with JSW Green Energy One and JSW Green Energy Seven and will invest Rs 83.26 crores […] Read more
Q2 Results: JSW Energy Reports Marginal Surge In Net Profits Updated On Fri, Oct 25th, 2024 by Saurenergy JSW Energy Limited today reported its results for the quarter (“Q2 FY25” or the “Quarter”) ended September 30, 2024. Key Highlights of Q2 FY25 Operational: Net Generation increased 14% YoY at 9.8 BUs driven by wind capacity additions, higher generation at thermal and hydro plants Total RE generation is up by 14% YoY at 5.0 […] Read more
JSW Energy Signs 700 MW Solar Power Agreement with SECI Updated On Wed, Oct 23rd, 2024 by Saurenergy JSW Renew Energy Eleven Limited, a subsidiary of JSW Energy Limited, has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI). The agreement covers the supply of 700 MW of solar energy through the Inter-State Transmission System (ISTS). This capacity was awarded under SECI’s Tranche XIII program. The power will […] Read more
Maharashtra: JSW Energy Signs Pact For 1200 MW Hybrid Projects Updated On Fri, Oct 18th, 2024 by Saurenergy JSW Renew Energy Six Limited and JSW Renew Energy Thirty Limited, stepdown subsidiaries of JSW Energy Limited have signed Power Purchase Agreements (“PPAs”) with Maharashtra State Electricity Distribution Company Ltd (“MSEDCL”) for STU-connected Solar-Wind Hybrid Capacity. The company has signed PPAs for two hybrid projects, each with a capacity of 600 MW, totalling 1,200 MW. […] Read more
JSW Energy Commissions 300 MW Wind Power Project in Tamil Nadu Updated On Mon, Sep 16th, 2024 by Saurenergy JSW Energy Ltd. has announced the successful commissioning of a 300 MW wind power project in Tuticorin, Tamil Nadu. This project, developed by its subsidiary JSW Renew Energy Two Limited, is the company’s first greenfield wind power plant under SECI’s tranche X. The new wind farm marks an addition to JSW Energy’s renewable energy portfolio. […] Read more
Green Stocks Aug 26: TATA Power, JSW Energy Stocks Prices Up Updated On Mon, Aug 26th, 2024 by Saurenergy At a day when most of the green energy companies in India witnessed a plunge in their stock prices, a selected few saw a minor increase in their stock prices. The only three firms which witnessed an increase in its stock price included JSW Energy (1.69% increase), Tata Power (1.06%) Shakti Pumps (0.17%), and Sterling […] Read more
