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JSW Energy Arm Wins 700 MW Project from SECI

JSW Neo Energy has secured a 700 MW inter-state transmission system solar project from Solar Energy Corporation of India (SECI). The wholly-owned subsidiary of JSW Energy received a letter of award (LoA) for the same.

 

With this awarded capacity of 700 MW, the company's total locked-in generation capacity increased to 11.7 GW, of which 2.1 GW will be solar.

 

The current installed generation capacity is 7.2 GW, and aims to have 9.8 GW of installed capacity by 2024-end. In addition, the company has 3.4 GW of locked-in energy storage capacity by means of battery energy storage system (BESS) and hydro pumped storage project.

 

SECI is a nodal agency of the central government for auctioning renewable energy projects.

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