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JSW Energy’s arm enters into MoU with Telangana Government

22 Apr 2022 Evaluate

JSW Energy, through its wholly-owned subsidiary - JSW Neo Energy, has entered into a Memorandum of Understanding (MoU) with the Government of Telangana for setting up a 1,500 MW capacity Hydro Pumped Storage Project viz. Komoram Bheem Pump Storage Project in the State of Telangana.

JSW Energy through its green growth vehicle JSW Neo Energy has been expeditiously securing key resources for Hydro PSPs in various resource-rich states for projects with a targeted capacity of 10 GW. With the signing of the aforesaid MoU, the Company has tied-up resources for 5 GW hydro PSPs with the Governments of various states (Maharashtra, Chhattisgarh, Telangana, and Rajasthan).

JSW Energy, part of the JSW Group, is a growing energy company. The Group has diversified interests in carbon steel, power, mining, industrial gases, port facilities, aluminium, cement and information technology.

JSW Energy Share Price

530.75 -7.35 (-1.37%)
20-Apr-2026 09:59 View Price Chart
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