JSW Energy Powers Up: 261 MW Renewable Capacity Added!
Hey there, energy enthusiasts! 👋 Big news from JSW Energy Limited, a major player in India’s power sector. The company just announced a significant leap forward in its green energy journey, successfully commissioning a whopping 261 MW of new renewable energy capacity!
This fresh injection of power includes 189 MW from solar projects ☀️ and 72 MW from wind farms 🌬️. This isn’t just a small step; it’s a powerful stride that brings JSW Energy’s total installed capacity to an impressive 12,760 MW (or 12.76 GW).
What’s even more exciting? This latest commissioning pushes the share of renewables in JSW Energy’s overall capacity to a fantastic 56%! That’s a clear sign of their commitment to a sustainable future. With this, their renewable breakdown now stands at 3,554 MW wind, 2,157 MW solar, and 1,391 MW hydro.
This capacity addition is perfectly timed to capitalize on the peak renewable generation season, promising a meaningful boost to their overall renewable output. And it’s part of a bigger picture: JSW Energy has a total locked-in generation capacity of 29.9 GW, with 12.8 GW already operational, 12.5 GW under construction, and a pipeline of 4.6 GW. They’re not just building power plants; they’re building a greener future!
Looking ahead, JSW Energy has set ambitious targets: aiming for 30 GW of generation capacity and 40 GWh of energy storage capacity by FY 2030. Plus, they’re committed to achieving Carbon Neutrality by 2050. Talk about long-term vision! 🚀
As of its last traded price before the market closed, JSW Energy was at ₹512.4, showing a slight dip of 0.4%. But with these kinds of strategic expansions, the company is clearly powering up for a sustainable and impactful future in the energy landscape. Keep an eye on this one!
source: Corporate Announcement
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