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Q2 Results: JSW Energy Reports Marginal Surge In Net Profits

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 […]

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JSW Energy Signs 700 MW Solar Power Agreement with SECI

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 […]

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JSW Neo Energy Limited to Acquire Hetero Group RE Portfolio

JSW Neo Energy Limited (JSWNEL), a wholly owned subsidiary of JSW Energy Limited, signed definitive agreements this week, to acquire three Special Purpose Vehicles (SPVs) from Hetero Labs Limited and Hetero Drugs Limited (Hetero Group). These SPVs collectively hold a cumulative wind energy generation capacity of 125 megawatts (MW). The transaction is subject to the […]

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Maharashtra: JSW Energy Signs Pact For 1200 MW Hybrid Projects

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. […]

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JSW, Tata, Avaada, Juniper Winners Of 1,650 MW MSEDCL Hybrid Bid

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has now announced the winners for its 1,650 MW wind-solar hybrid project tender. It awarded the project to four successful bidders, namely JSW Neo Energy (JSW Energy), Tata Power Renewable Energy, Avaada Energy, and Juniper Green Energy. With the conclusion of Maharashtra State Electricity Distribution Company Limited […]

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Maharashtra: JSW Neo Gets 1,500 MW / 12,000 MWh Pumped Hydro Storage Project

Mumbai-based JSW Neo Energy Limited (JSW Neo), a subsidiary of JSW Energy Limited, received a Letter of Intent (LoI) for the procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage from the Maharashtra State Electricity Distribution Company Ltd (MSEDCL). Their Bhavali Pumped Hydro Project is located in the Nashik and Thane districts […]

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SECI Awards 1 GW/2 GWh BESS Project to JSW And Reliance

SECI has announced that JSW Neo Energy and Reliance Power are the successful bidders for 1,000 MW/2,000 MWh standalone battery energy storage systems (BESS), under tariff-based global competitive bidding. Both companies were awarded an equal capacity of 500 MW/1,000 MWh. JSW Neo Energy quoted a tariff of Rs. 381,000/MW per month, and Reliance Power quoted […]

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JSW Energy Commissions 300 MW Wind Power Project in Tamil Nadu

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. […]

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