JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has been granted a Letter of Awards (LoA) for an additional 500 MW of wind capacity through the greenshoe option for the SECI Wind Power Projects (Tranche – XVI). As a result, JSW Neo’s cumulative capacity allotted under SECI Tranche XVI now stands at 1,000 MW.

The Company currently possesses an installed generation capacity of 7.2 GW, out of which 1.6 GW is attributed to wind energy. It anticipates reaching a total installed capacity of 9.8 GW by CY24. Including the newly awarded capacity of 500 MW under SECI Tranche XVI, the Company’s total locked-in generation capacity rises to 12.5 GW, with 4.6 GW dedicated to wind energy.

JSW Energy’s total locked-in generation capacity of 12.5 GW comprises 7.2 GW operational capacity, 2.6 GW under construction across wind, thermal, and hydro projects, along with LoA/LoIs for 2.7 GW capacity from SECI (Solar Tranche XIII and Wind Tranche XVI), SJVN, and GUVNL. Additionally, the company has secured 3.4 GWh of locked-in energy storage capacity through battery energy storage systems and hydro pumped storage projects. The Company aims to achieve a generation capacity of 20 GW and an energy storage capacity of 40 GWh by 2030. It has set an ambitious target of reducing its carbon footprint by 50% by 2030 and achieving Carbon Neutrality by 2050.


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