JSW Energy aims to be between the two and three energy producers of the private sector in India by expanding their installed capacity to around 30 GW through the organic route.
The company, a part of the Diversified JSW group, will also continue to evaluate the acquisition opportunities where their reference yields are protected and the quality of the assets is good, according to its joint managing director and CEO Sharad Mahendra.
This prosecutor is expected that the new capacity capacity for the company will be significantly more than 3.6 GW.
“We are currently in 12.2 GW of operational capacity. We are commissioning our Greenfield or 240 MW hydroelectric plant in this quarter. More of our Greenfield projects will now be commission What gave GW, and in which he gave GW. Commercial.
JSW Energy is currently the fourth largest energy producer in the country. The company is looking to increase its installed capacity to around 30 GW in the coming years through the organic route. “For the additional capacity of 18 GW, which will be added to us, the thermal power will be around 3.2 GW, while the rest will be in renewable energy,” Mahendra said.
It is likely that the energy producer has two thirds of its capacity installed in renewable energy and one third in thermal energy for this tax end.
The company is establishing a 1600 MW thermal plant in the SALBONI of Western Bengal, which implies an investment of ₹ 16,000 million rupees. The Prime Minister, Mamata Banerjee, will establish the base stone for the project on Monday.
“This is the largest Greenfield project that JSW Energy is doing in terms of capacity and investment. We are placing 2×800 ultra -critical units. The first unit will be in charge of Cons according to the PPA,” said the CEO.
The company signed a 25 -year -old energy purchase agreement (PPA) with the Electricity Distribution Company of the Western Bengal State (WBSEDCL) for the project.
In particular, Sajjan Jindal, President or JSW Group, had announced the group’s plan to establish the energy plant in Bengal during the flagship event of the State Industry, Bengal Business Summit (BGBS) in February.
JSW Energy is currently working on its new 3.0 vision to review its previous objective or 20 GW capacity installed for the fiscal year30. The new vision document, which is probably presented in the next two or three months, will describe a higher capacity objective and require investment.
In 2023, the company had announced investing around ₹ 1.15 Lakh Crore to reach 20 GW capacity installed for the fiscal year30. “We will review the objective of upward capacity in our vision 3.0 for the fiscal year30, and consequently reviewed investment numbers will be announced. The investment will be greater. That is around ₹ 16,000-18000 million rupees has already invested,” said Mahendra.
For its own Capopia requirement, the company will begin to manufacture some of the key components, such as wind turbine blades. For the manufacture of wind blades, it is installing two floors, one in Karnataka and another in Gujarat.
“We have the technology of one of the main suppliers and manufacturers of wind leaves. We already sign the Technology License Agreement. Production will begin very soon. It has a great cost advantage,” Mahendra added.
In April of last year, JSW Energy announced that he had raised ₹ 5000 million rupees through the placement of qualified institutions (QIP).
Posted on April 20, 2025