JSW Energy’s wholly owned subsidiary---JSW Neo Energy has received Letter of Award (LoA) for setting up 300 MW ISTS connected Wind-Solar Hybrid Power Project from Solar Energy Corporation of India (SECI) against Tariff based Competitive Bid invited for setting 1,200 MW ISTS-connected Wind-Solar Hybrid Power Projects (Tranche VIII).
Subsequent to this capacity award, the company's total locked-in capacity increases to 13.6 GW. The company expects to have an installed generation capacity of 9.8 GW by CY24, up from 7.3 GW currently. With this hybrid project, the company strengthens its energy solution offerings while moving towards an energy products and services company.
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.
