JSW Energy Ltd.

BSE: 533148 | NSE: JSWENERGY
Mid Cap | Power Generation/Distribution
555.35
5.25 (0.95%)
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JSW Energy’s step-down arm enters into technology licensing agreement with SANY Renewable Energy

Date: 11-03-2024

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.