JSW Energy Acquires 45 MW Wind Project of Reliance Power
JSW Energy Ltd is one of the leading Private sector power producers in India and part of the USD 23 billion JSW Group which has a significant presence in sectors such as steel, energy, infrastructure, cement, and sports among others.
New Delhi: JSW Renewable Energy (Coated) Limited, a wholly-owned subsidiary of JSW Neo Energy Limited (or “JSW Neo”) and a step-down subsidiary of JSW Energy (or “the Company”) has acquired 45 MW of Wind based Renewable Energy Project from Reliance Power Limited located at Jath, Sangli District, Maharashtra.
JSW Energy has a total locked-in generation capacity of 12.5 GW comprising 7.2 GW operational, 2.6 GW under construction across wind, thermal and hydro and LoA/LoIs for 2.7 GW capacity from SECI (Solar Tranche XIII and Wind Tranche XVI), SJVN and GUVNL.
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In addition, the company has 3.4 GWh of locked-in energy storage capacity through a battery energy storage system and hydro-pumped storage project. The Company aims to reach 20 GW generation capacity and 40 GWh of energy storage capacity before 2030. JSW Energy has set an ambitious target of achieving Carbon Neutrality by 2050.
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