JSW Acquires 4.7 GW RE Platform From O2 Power For ₹12,468 Cr Updated On Thu, Apr 10th, 2025 by Saurenergy JSW Neo Energy Limited (JSW Neo), a JSW Energy Limited subsidiary, has completed the acquisition of a 4.7 GW renewable energy (RE) platform from O2 Power Pooling Pte. Ltd. (O2 Power), a platform jointly established by global investment organisations EQT & Temasek in 2020. The platform is valued at approximately ₹12,468 crores, after adjustments under […] Read more
News In Brief March 13: JSW Neo Energy, REC-Kerala MoU, Magenta’s NorMinc Updated On Thu, Mar 13th, 2025 by Saurenergy JSW Neo Energy Acquires Virya Infrapower Signs Agreement JSW Neo Energy Limited (JSWNEL), a subsidiary of JSW Energy, has entered into a Share Purchase Agreement with Virya Infrapower. Under the agreement, JSW Neo Energy would acquire 100% shares of Virya Infrapower Private Limited, i.e., the target company. Consequently, Virya Infrapower Private Limited has become […] Read more
JSW Energy Adds 159 MW Wind Power, Total Capacity At 2.8 GW Updated On Tue, Mar 4th, 2025 by Saurenergy Mumbai-based JSW Energy has added 159 MW of new wind power capacity this quarter, bringing its total operational capacity to 8,400 MW. This expansion comes ahead of the wind season and can help meet the rising energy demand during the upcoming peak period. Following this addition, the company’s total operational wind capacity now stands at […] Read more
Chemplast, JSW Enter PPA To Build 84.9 MW Hybrid Project In TN Updated On Mon, Mar 3rd, 2025 by Saurenergy Tamil Nadu-based manufacturer of speciality chemicals Chemplast Sanmar and its wholly owned subsidiary (WOS), Chemplast Cuddalore Vinyls Limited (CCVL), have entered into a Power Purchase Agreement (PPA) with JSW Green Energy Nine Limited. As per the terms of the agreement, the companies have agreed to execute a Share Subscription and Shareholders’ Agreement with JSW Neo […] Read more
JSW Energy Wins 125 MW/500 MWh BESS Tender From SECI At ₹441,000/MW/Month Updated On Thu, Feb 27th, 2025 by Saurenergy JSW Energy has recently secured a 125 MW/500 MWh standalone battery energy storage system (BESS) tender from the Solar Energy Corporation of India (SECI). JSW won the tender at ₹441,000/MW/month. SECI floated this tender in December 2024 and declared it within two months. As per the tender, SECI, after receiving interest from the Kerala State […] Read more
JSW MG Motor Expands Battery Second Life Partnership With Lico Materials Updated On Fri, Jan 31st, 2025 by Saurenergy JSW MG Motor India, in partnership with LICO Materials, a part of Epsilon Group, has unveiled the Battery Energy Storage System (BESS) as part of its ‘Project Revive’. The advanced BESS comprises repurposed MG ZS EV batteries and highlights the carmaker’s commitment of promoting circular EV economy by embracing innovation. Compared to traditional solutions, this […] Read more
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
Vikram Solar Announces 1 GW Module Order From JSW Updated On Fri, Jan 17th, 2025 by Saurenergy Read more
Vikram Solar Announces 1 GW Module Order From JSW Updated On Fri, Jan 17th, 2025 by Saurenergy Indian solar module manufacturer Vikram Solar has announced that it has secured a significant order to supply 1GW of solar modules. Under this contract, Vikram Solar will supply its advanced Hypersol N-Type TOPCON Glass-to-Glass Modules (580Wp and above) to fulfill the order. The modules are specifically designed to deliver enhanced efficiency, making them ideal for […] Read more
