JSW Energy Ltd.

BSE: 533148 | NSE: JSWENERGY
Mid Cap | Power Generation/Distribution
536.95
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JSW Energy’s arm gets LoA for 300 MW of wind capacity from SECI

Date: 14-07-2022

JSW Energy’s wholly owned subsidiary -- JSW Neo Energy has received Letter of Award (LoA) for a total wind capacity of 300 MW from Solar Energy Corporation of India (SECI) against Tariff based Competitive Bid invited by SECI for setting up of 1200 MW ISTS-connected Wind Power Projects (Tranche - XII). Subsequently, the company’s total power generation portfolio increases to 7.3 GW, with renewable energy share amounting to 57%.

The company is currently constructing around 2.0 GW of wind energy projects. Of which projects of 1.26 GW (tied up with SECI) are expected to start commissioning in current quarter in a phased manner.

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.