JSW Energy has successfully secured multiple renewable energy (RE) projects within the Commercial and Industrial (C&I) power market, achieving a significant milestone with a total locked-in generation capacity of 20 GW. Of this, the company’s RE C&I capacity stands at 3.1 GW, which includes 2,654 MW from JSW Group’s captive capacity and 445 MW from third-party C&I capacity. Currently, JSW Energy’s operational C&I capacity is 488 MW.
In recent strategic developments, JSW Energy’s step-down subsidiaries have signed power purchase agreements (PPAs) with DCM Shriram Ltd and Indus Towers Ltd, marking further progress in the company’s renewable energy initiatives. These partnerships highlight the company’s commitment to providing sustainable energy solutions, contributing to the overall increase in its locked-in generation capacity to 20 GW.
JSW Energy’s Commitment to Sustainable Growth
Mr. Sharad Mahendra, Joint Managing Director and CEO of JSW Energy, expressed enthusiasm about the company’s achievements, stating, “We are proud to reach the milestone of a 20 GW generation platform. The C&I segment offers exceptional opportunities for sustainable growth, and our recent partnerships are a testament to our execution capabilities. By offering tailored energy solutions, we ensure reliability, value, and reduced carbon footprints for our partners.”
JSW Energy’s Ambitious Growth Plans
JSW Energy is on track to achieve 10 GW of operational capacity by FY 2025, with 7.7 GW already in operation across thermal, hydro, and renewable energy sectors. The company also boasts 16.2 GWh of energy storage capacity through battery energy storage systems (BESS) and hydro pumped storage projects. Looking ahead, JSW Energy aims to reach 20 GW of generation capacity and 40 GWh of energy storage capacity by 2030. Additionally, the company has set an ambitious goal to achieve carbon neutrality by 2050.
Key Highlights:
- JSW Energy’s total locked-in generation capacity: 20 GW
- RE C&I capacity: 3.1 GW (including 2,654 MW captive capacity and 445 MW third-party capacity)
- Operational C&I capacity: 488 MW
- Recent PPAs signed with DCM Shriram Ltd and Indus Towers Ltd
- Target of 10 GW operational capacity by FY 2025
- 16.2 GWh of locked-in energy storage capacity
- Ambitious goal of 20 GW generation capacity and 40 GWh energy storage capacity by 2030
- Carbon neutrality target set for 2050
JSW Energy continues to strengthen its position in the renewable energy sector, demonstrating a clear commitment to sustainable, scalable energy solutions for a greener future.
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