JSW Energy to Ramp Up Efforts to Achieve 9.8 GW by FY25 – EQ Mag
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JSW Energy has stepped up plans to achieve a power capacity of 9.8 GW by FY25, and is well on track to meet this target.
Further, to augment power generation, the power producing company has plans to implement projects in pumped storage hydropower and battery storage (40 GW), as well as aspires to build capacities in solar module manufacturing (one GW) and green hydrogen production (3,800 tpa). Overall, JSW Energy is targeting a capacity of 20 GW by FY30.
JSW Energy has installed capacities of 6.6 GW as of June 2023, which is contributed by the recent acquisition of 1.7 GW renewable energy (RE) portfolio at Mytrah. With a project pipeline of 3.1 GW, including the thermal project of 700 MW acquired in December, 2022, and RE projects in different stages of implementation, the company expects to commission these in Calendar Year 2024.
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