JSW Renewable Technologies, a wholly owned subsidiary of JSW Neo Energy and step-down subsidiary of JSW Energy, has entered into a technology licensing agreement with SANY Renewable Energy for the manufacturing of 3.X MW WTGs in India for captive usage by the Company.
The company currently has a total wind capacity of 3.6 GW, including 2.0 GW of projects under construction. The strategic intent to venture into WTG manufacturing is to ensure a reliable and assured supply of WTGs for its captive usage, along with a significant saving on the overall project cost.
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.
