JSW NEO Energy Secures 400 MW Solar Power Project from NTPC
JSW Neo Energy Ltd., a JSW Energy subsidiary, has received a Letter of Awards (LOA) for a 400 MW ISTS-connected solar power project from NTPC, raising JSW Energy's total locked-in capacity to 19.6 GW.
December 07, 2024. By Mrinmoy Dey
The company won the projects through a tariff-based competitive bid in TNPC’s tender for setting up 1,500 MW ISTS-connected solar power projects (NTPC-ISTS-III). The tender for this was floated in February 2024 and the auction result was announced in May 2024.
Subsequent to this, the JSW Energy's total locked-in generation capacity increases to 19.6 GW of including 4.4 GW of solar projects.
JSW Energy aims to achieve 10 GW operational capacity by FY 2025 and currently has 7.7 GW of operational capacity spread across thermal, hydro and RE.
The company also has 16.2 GWh of locked-in energy storage capacity through 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 a target of achieving carbon neutrality by 2050.
please contact: contact@energetica-india.net.
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