JSW Neo Energy Limited, a subsidiary of JSW Energy Limited, has been awarded a Letter of Award for a 300 MW ISTS-connected Wind-Solar Hybrid Power Project by SJVN Limited, as part of its successful bid for 1,500 MW ISTS-connected Hybrid Projects. The company’s current locked-in capacity has now reached 13.9 GW, with an expected installed generation capacity of 9.8 GW by CY24, a significant increase from the current 7.3 GW. JSW Energy aims to achieve a generation capacity of 20 GW and an energy storage capacity of 40 GWh by 2030, supported by its existing locked-in storage of 3.4 GWh. As per the company’s objectives, it is committed to achieving Carbon Neutrality by 2050.
JSW Neo Energy wins 300 MW project
JSW Neo Energy’s installed generation capacity is expected to reach 9.8 GW by the end of 2024. (Image Credit: Pexels)