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JSW Energy Commissions 300 MW Wind Project, Eyes 20 GW Capacity by 2030

24 September 20243 mins read by Angel One
JSW Energy's new 300 MW wind plant in Tamil Nadu boosts its renewable portfolio. With 7,726 MW installed and 2.1 GW under construction, the company aims for 20 GW by 2030.
JSW Energy Commissions 300 MW Wind Project, Eyes 20 GW Capacity by 2030
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On September 15, 2024, JSW Energy Ltd. announced that its subsidiary, JSW Renew Energy Two Limited, has successfully completed a 300 MW wind power project in Tuticorin, Tamil Nadu. This project, awarded by the Solar Energy Corporation of India (SECI) under Tranche X, is the company’s first greenfield wind power plant for SECI.

The new wind power plant will greatly enhance JSW Energy’s renewable energy portfolio and support its commitment to a sustainable future. Another 150 MW wind project awarded under SECI Tranche X, located in Dharapuram, Tamil Nadu, is also making progress, with 138 MW already up and running.

Currently, JSW Energy has a total installed capacity of 7,726 MW, with 2,114 MW under construction, expected to be completed by the end of FY 2025. Their installed wind capacity now stands at 2,152 MW.

Sharad Mahendra, Joint Managing Director and CEO of JSW Energy: “Today, JSW Energy proudly commissions its first greenfield wind power plant for SECI, reaffirming our strong execution capabilities and commitment to a greener future for India. This achievement moves us closer to our target of 10 GW installed capacity by FY2025. Additionally, we have a robust pipeline of renewable projects, propelling us towards our goal of 20 GW before 2030. I extend my heartfelt gratitude to our dedicated team and partners for their unwavering support.” 

JSW Energy has a total generation capacity of 18.2 GW, which includes wind, solar, hydro, and thermal power plants. The company has a renewable energy pipeline of 8.3 GW, with agreements in place for 2.3 GW. They also have 4.2 GWh of energy storage capacity through battery systems and hydro storage projects. JSW Energy aims to reach 20 GW in generation capacity and 40 GWh in energy storage by 2030. Additionally, they have set a goal to achieve Carbon Neutrality by 2050.

About JSW Energy

JSW Energy Ltd, a major player in India’s private power sector, is part of the USD 24 billion JSW Group, which operates in industries like steel, energy, infrastructure, cement, and sports. The company has a strong presence in power generation and transmission with a diverse range of assets. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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