Latest news with #JSWEnergyLimited
Business Upturn
25-07-2025
- Business
- Business Upturn
JSW Energy signs first FDRE power purchase agreement with SECI for 230 MW project
By Arunika Jain Published on July 25, 2025, 08:50 IST JSW Energy Limited, through its wholly owned subsidiary JSW Neo Energy, has signed its first Power Purchase Agreement (PPA) under the SECI-FDRE Tranche IV scheme with the Solar Energy Corporation of India (SECI) for a 230 MW Firm and Dispatchable Renewable Energy (FDRE) project. The agreement has a tenure of 25 years at a tariff of ₹4.98/kWh, and is JSW Energy's first step into the load-following FDRE space, marking a significant milestone in its renewable energy strategy. With the addition of this agreement, the company's under-construction capacity has reached 12.9 GW, bringing its total locked-in generation capacity to 30.2 GW. JSW Energy reiterated its goal of achieving 30 GW of installed generation capacity and 40 GWh of energy storage by 2030, staying aligned with India's renewable energy transition targets. Sharad Mahendra, Joint Managing Director and CEO of JSW Energy, commented, 'This milestone underscores JSW Energy's commitment to provide advanced and tailored energy solutions that address the dynamic requirements of our offtakers. With this project, we are strengthening our energy products and services offering while supporting the country's energy transition goals.' JSW Energy is among India's leading private power producers, operating across the power value chain with diversified assets in generation and transmission. The company has evolved from a 260 MW thermal base in 2000 to a robust and geographically diverse capacity of over 12.8 GW today. Disclaimer: This article is based on information from a regulatory filing and official press release by JSW Energy dated July 25, 2025. Ahmedabad Plane Crash Arunika Jain, a graduate in Mass Communication, brings a fresh perspective to the world of journalism. Arunika has a passion for writing finance and corporate news at You can write to her at [email protected]
Business Insider
28-06-2025
- Business
- Business Insider
Jefferies Sticks to Their Buy Rating for JSW Energy Limited (JSWENERGY)
Jefferies analyst Lavina Quadros maintained a Buy rating on JSW Energy Limited (JSWENERGY – Research Report) yesterday and set a price target of INR700.00. The company's shares closed yesterday at INR522.50. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Quadros is a 4-star analyst with an average return of 16.2% and a 54.55% success rate. Quadros covers the Energy sector, focusing on stocks such as NTPC Limited, Adani Energy Solutions Ltd, and Adani Green Energy Limited. Currently, the analyst consensus on JSW Energy Limited is a Moderate Sell with an average price target of INR541.00. The company has a one-year high of INR804.95 and a one-year low of INR419.10. Currently, JSW Energy Limited has an average volume of 196K.
Time of India
06-06-2025
- Business
- Time of India
JSW Energy shares in focus on commissioning 281 MW renewable capacity, signing PPA for 250 MW wind project
Shares of JSW Energy are expected to be in the spotlight on Friday, June 6, following the company's announcement of the successful commissioning of 281 MW of organic renewable energy capacity, which includes 215 MW of solar and 66 MW of wind power. With this addition, JSW Energy 's total installed capacity has now risen to 12,499 MW, enhancing its ability to capitalise on the upcoming peak demand season and reinforcing its commitment to green energy. 'JSW Energy Limited ('The Company') is pleased to announce the successful commissioning of 281 MW of organic renewable energy capacity with solar capacity of 215 MW and wind capacity of 66 MW, taking the current installed capacity to 12,499 MW. This capacity addition is timely in nature and will enable the Company to benefit from the peak wind season during the year and will contribute meaningfully to overall renewable output,' the company informed via a regulatory filing. Following the addition, the company's renewable energy share in overall capacity has grown significantly, installed wind capacity now stands at 3,482 MW, solar at 1,968 MW, and hydro at 1,391 MW, pushing the renewable component to 55% of the total portfolio. In another major development, JSW Renew Energy Three Ltd, a subsidiary of JSW Energy, has signed a Power Purchase Agreement (PPA) with Adani Electricity Mumbai Ltd for a 250 MW STU-connected wind project . The PPA is valid for 25 years at a tariff of Rs 3.65/kWh. The project, located in Maharashtra, is expected to be commissioned within the next 24 months. JSW Energy also reaffirmed its robust project pipeline, with 29.9 GW of total locked-in generation capacity, including 12.5 GW operational and 12.4 GW under construction. It also boasts 29.3 GWh of locked-in energy storage capacity. Under its Strategy 3.0 roadmap, the company aims to achieve 30 GW of generation and 40 GWh of storage capacity by FY2030, while targeting carbon neutrality by 2050. JSW Energy shares on Thursday closed flat at Rs 508.15 on the BSE. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
06-06-2025
- Business
- Time of India
JSW Energy shares in focus on commissioning 281 MW renewable capacity, signing PPA for 250 MW wind project
Shares of JSW Energy are expected to be in the spotlight on Friday, June 6, following the company's announcement of the successful commissioning of 281 MW of organic renewable energy capacity, which includes 215 MW of solar and 66 MW of wind power. With this addition, JSW Energy's total installed capacity has now risen to 12,499 MW, enhancing its ability to capitalise on the upcoming peak demand season and reinforcing its commitment to green energy. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like New Container Houses Vietnam (Prices May Surprise You) Container House | Search ads Search Now Undo 'JSW Energy Limited ('The Company') is pleased to announce the successful commissioning of 281 MW of organic renewable energy capacity with solar capacity of 215 MW and wind capacity of 66 MW, taking the current installed capacity to 12,499 MW. This capacity addition is timely in nature and will enable the Company to benefit from the peak wind season during the year and will contribute meaningfully to overall renewable output,' the company informed via a regulatory filing. Following the addition, the company's renewable energy share in overall capacity has grown significantly, installed wind capacity now stands at 3,482 MW, solar at 1,968 MW, and hydro at 1,391 MW, pushing the renewable component to 55% of the total portfolio. In another major development, JSW Renew Energy Three Ltd, a subsidiary of JSW Energy, has signed a Power Purchase Agreement (PPA) with Adani Electricity Mumbai Ltd for a 250 MW STU-connected wind project . The PPA is valid for 25 years at a tariff of Rs 3.65/kWh. Live Events The project, located in Maharashtra, is expected to be commissioned within the next 24 months. Also read: Positive Breakout: These 5 stocks cross above their 200 DMAs JSW Energy also reaffirmed its robust project pipeline, with 29.9 GW of total locked-in generation capacity, including 12.5 GW operational and 12.4 GW under construction. It also boasts 29.3 GWh of locked-in energy storage capacity. Under its Strategy 3.0 roadmap, the company aims to achieve 30 GW of generation and 40 GWh of storage capacity by FY2030, while targeting carbon neutrality by 2050. JSW Energy shares on Thursday closed flat at Rs 508.15 on the BSE. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
02-05-2025
- Business
- Time of India
JSW Neo Energy inks deal with UPPCL for 1500 MW pumped hydro storage
JSW Neo Energy Limited, a wholly-owned subsidiary of JSW Energy Limited, has signed a Pumped Hydro Storage Power Procurement Agreement (PHSPPA) with Uttar Pradesh Power Corporation Ltd. ( UPPCL ) for 1,500 MW / 12,000 MWh of pumped hydro energy storage. Under this agreement, the supply of energy storage capacity is for a period of 40 years, and JSW Neo Energy will receive a fixed capacity charge of ₹77.2 lakh per MW per annum. The pumped hydro storage will be capable of a scheduled discharge of 8 hours, with a maximum continuous discharge of 6 hours per day. The project is expected to be commissioned in the next six years. With this agreement, JSW Neo Energy's total locked-in energy storage capacity now stands at 28.3 GWh, including 26.4 GWh of pumped storage projects. The company is presently constructing various power projects to the tune of 11.3 GW, with a vision to achieve a total power generation capacity of 20 GW.
