JSW Energy has successfully commissioned a 281 megawatt (MW) renewable energy project in Maharashtra, comprising 215 MW of solar and 66 MW of wind power. This development enhances the company’s ability to leverage the peak wind season and strengthens its contribution to India’s growing renewable energy sector.
Following the new addition, JSW Energy’s installed renewable capacity now includes 3,482 MW of wind, 1,968 MW of solar, and 1,391 MW of hydro. Renewables now account for 55% of the company’s total installed capacity.
In a related development, JSW Renew Energy Three, a wholly owned step-down subsidiary of JSW Energy, has entered into a 25-year power purchase agreement with Adani Electricity Mumbai Ltd. The agreement covers 250 MW of STU-connected wind energy, to be supplied at a tariff of ₹3.65 per kilowatt-hour. The project, also located in Maharashtra, is slated for commissioning within the next two years.
JSW Energy currently has a total generation portfolio of 29.9 GW, which includes 12.5 GW in operation, 12.4 GW under construction across wind, thermal, and hydro, and a project pipeline of 4.9 GW. The company has outlined a goal of reaching 30 GW of installed power generation capacity and 40 GWh of energy storage by the fiscal year 2030. As part of its long-term strategy, JSW Energy has committed to achieving carbon neutrality by 2050.
JSW Energy is one of India’s leading private power generation companies and a part of the $24 billion JSW Group, which has a diversified presence across sectors including steel, energy, infrastructure, cement, and sports. Since commencing operations in 2000 with its initial 260 MW thermal project in Karnataka, JSW Energy has expanded its generation capacity to 10 GW. The company is currently working on projects totaling 11.3 GW and is targeting 20 GW of installed capacity by 2030.
JSW Energy operates across various segments of the power sector, with a focus on operational excellence, responsible financial practices, and long-term value creation. JSW Energy Ltd is one of India’s prominent private sector power companies and is part of the USD 24 billion JSW Group, with interests spanning steel, energy, infrastructure, cement, and sports. Since commencing commercial operations in 2000, JSW Energy has grown its installed capacity from 260 MW to 10 GW, ahead of its FY25 goal. The company is currently building an additional 7.5 GW, aiming to achieve a total capacity of 20 GW well before 2030. JSW Energy operates across the power sector value chain with a focus on responsible growth, efficient operations, and long-term value creation for stakeholders.
