JSW Energy announced that its step-down subsidiary, JSW Renew Energy Two Limited, has successfully completed commissioning for the 300 MW ISTS-connected wind power project awarded by Solar Energy Corporation of India (SECI) tranche X located at Tuticorin in Tamil Nadu.
This, it added, marks the first-ever greenfield wind power plant commissioned by the company for SECI. “The newly commissioned wind power project will contribute significantly to our renewable energy portfolio, supporting our vision of a greener and sustainable future. The additional 150 MW of wind capacity awarded under SECI Tranche X located at Dharapuram, Tamil Nadu is also nearing completion with 138 MW already commissioned,” the company said in a regulatory filing.
Subsequent to this, the company’s total current installed capacity stands at 7,726 MW while the underconstruction capacity stands at 2,114 MW, that is expected to be commissioned by the end of FY25. The company’s current installed wind capacity stands at 2,152 MW.
Sharad Mahendra, Joint Managing Director and CEO, JSW Energy, said, “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 locked-in generation capacity of 18.2 GW comprising wind, solar, hydro and thermal power plants. The Company’s current renewable pipeline stands at 8.3 GW with PPAs signed for 2.3 GW. The company also has 4.2 GWh of locked-in energy storage capacity through battery energy storage system and hydro pumped storage project.
From: financialexpress
Financial News
