JSW Energy Achieves 20 GW of Locked-In Renewable Capacity – EQ
In Short : JSW Energy has achieved 20 GW of locked-in renewable energy capacity, marking a significant milestone in its clean energy transition. This achievement aligns with the company’s commitment to sustainability and expanding its green energy portfolio. The capacity includes solar, wind, and hydropower projects, reinforcing JSW Energy’s role in advancing India’s renewable energy goals and reducing carbon emissions.
In Detail : JSW Energy has reached a milestone with a total locked-in renewable energy generation capacity of 20 GW. This includes securing 445 MW of renewable projects within the commercial and industrial (C&I) sector. The company’s current C&I capacity stands at 3.1 GW, which consists of 2,654 MW of captive capacity for the JSW Group and 445 MW from third-party clients. At present, JSW Energy’s operational C&I capacity is 488 MW.
Recently, JSW Energy entered into power purchase agreements with DCM Shriram and Indus Towers, marking significant steps towards expanding its renewable energy footprint. These strategic collaborations reinforce the company’s commitment to providing sustainable energy solutions.
“The C&I sector offers great potential for long-term sustainable growth,” said Sharad Mahendra, Joint Managing Director and CEO of JSW Energy. Looking ahead, JSW Energy is targeting an operational capacity of 10 GW by FY25, with its current operational portfolio totaling 7.7 GW across thermal, hydro, and renewable sectors.
The company also has 16.2 GWh of locked-in energy storage capacity, including battery energy storage systems and hydro pumped storage projects. By 2030, JSW Energy aims to achieve 20 GW of generation capacity and 40 GWh of energy storage capacity.
JSW Energy is a prominent player in the Indian power sector, specializing in power generation, transmission, and trading. With a diversified portfolio of thermal, hydro, and renewable energy projects, the company is committed to driving the transition toward sustainable energy solutions.
JSW Energy is actively expanding its renewable energy capacity, aiming for a significant contribution to India’s green energy targets. The company’s operations are defined by a strong emphasis on operational excellence, innovative technologies, and sustainability. Through strategic investments and a forward-looking approach, JSW Energy continues to strengthen its position as a leader in India’s evolving energy landscape.