JSW Neo Energy Limited receives Letter of Award for 250 MW Wind Power Project from Adani Electricity Mumbai Limited
JSW Neo Energy Limited, a subsidiary of JSW Energy Limited, has received a Letter of Award for a 250 MW wind power project from Adani Electricity Mumbai Limited. This boosts JSW Energy’s total locked-in generation capacity to 17.0 GW, with plans to expand to 20 GW by 2030 and achieve carbon neutrality by 2050.
JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has received a Letter of Award (LoA) to establish a 250 MW grid-connected wind power project from Adani Electricity Mumbai Limited (AEML) through a tariff-based competitive bid.
As a result of this capacity award, the company’s total locked-in generation capacity has increased to 17.0 GW. This includes a total locked-in wind capacity of 4.7 GW, with the current installed wind capacity at 2.0 GW. The company expects its installed generation capacity to reach 10 GW by FY25, up from the current 7.5 GW. This project not only enhances the company’s energy solution offerings but also supports its transition toward becoming a comprehensive energy products and services provider.
JSW Energy’s total locked-in generation capacity now stands at 17.0 GW, comprising 7.5 GW operational, 2.3 GW under construction across wind, thermal, and hydro, and a renewable energy pipeline of 7.1 GW (with PPAs signed for 2.3 GW). Additionally, the company has secured 4.2 GWh of energy storage capacity through battery energy storage systems and hydro pumped storage projects. JSW Energy aims to achieve a generation capacity of 20 GW and an energy storage capacity of 40 GWh before 2030. The company has also set an ambitious target to achieve carbon neutrality by 2050.
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