JSW Energy arm commissions 300 MW wind plant in TN; stock hits 52-week high
This is the company’s first greenfield wind power plant developed for SECI
This is the company’s first greenfield wind power plant developed for SECI
JSW Neo Energy, a wholly owned subsidiary of JSW Energy, has bagged an order for setting up a 300 MW ISTS connected wind-solar hybrid power project from SECI.
The battery storage project of 1.0 GWh (Gigawatt per hour) awarded by the Solar Energy Corporation of India Limited (SECI), is set to be commissioned by June 2025.
The share price of O.P. Jindal Group company rose nearly 6% in early trade; the stock dropped 8% from day’s high to touch a low of ₹568.15 on the BSE.
The JSW Energy Board has authorised the finance committee of the board to take all the necessary decisions concerning QIP
The JSW Group firm debuts this year as new ports and facilities add to a growing bottomline.
Following the award of 700 MW capacity from SJVN , JSW Energy's total locked-in capacity increases to 11 GW, comprising 1.4 GW of solar capacity.
The company also revealed that its under-construction capacity is 2,969 MW, which is expected to be commissioned in phases within the next 12 months.
JSW Investments sold 2.1 crore equity shares, or 1.28% stake in JSW Energy, at a price of ₹341.7 per share through open market transactions
In a big boost to off-shore wind energy projects, the government has given complete waiver of ISTS charges for 25 years to projects commissioned on or before December 31, 2032