Solar Energy Corporation of India Limited (SECI) has awarded JSW Neo Energy Limited, a fully owned subsidiary of JSW Energy Limited (the “Company”), a Letter of Award (LoA) for a total wind capacity of 300 MW in response to SECI’s invitation for competitive bids on tariffs for the establishment of 1200 MW ISTS-connected wind power projects (Tranche – XII). The company’s overall power generating portfolio then grows to 7.3 GW, including a 57 percent share of renewable energy.
The firm is actively building wind energy projects totaling about 2.0 GW. Of which 1.26 GW of projects (connected to SECI) are anticipated to begin phased commissioning in the current quarter.
Prashant Jain, Joint Managing Director and CEO of JSW Energy, said: “We are pleased to have received the award from SECI under its tranche XII auction. This is another step in our renewable led growth strategy and we will continue to contribute meaningfully in achieving India’s renewable and net-zero ambitions”.
