JSW Energy locks in 20 GW of generation capacity

Its locked-in RE C&I capacity stands at 3.1 GW.

JSW Energy has secured multiple renewable energy projects in the commercial and industrial (C&I) power market, helping in achieving a total locked-in generation capacity of 20 gigawatts (GW).

In a statement, JSW Energy said its step-down subsidiaries have executed power purchase agreements with DCM Shriram Ltd and Indus Towers Ltd for the supply of clean power. This helped push the company's total locked-in generation capacity to 20 GW

Meanwhile, the company said its locked-in renewable C&I capacity stands at 3.1 GW, which includes 2,654 megawatts of JSW group captive capacity and 445 MW of third-party C&I capacity. Furthermore, its operational C&I capacity stands at 488 MW.

JSW Energy aims to achieve 10 GW operational capacity by fiscal year (FY) 2025 and currently has 7.7 GW across energy sources such as thermal, and hydro. It also has 16.2 gigawatt-hours  of locked-in energy storage capacity through battery energy storage system and hydro pumped storage project.

The company aims for 20 GW of generation capacity and 40 GWh of energy storage capacity before 2030, and carbon neutrality by 2050.