JSW Energy will hold a meeting of the Board of Directors of the Company on 7 May 2024.Powered by Capital Market - Live News

The Board of JSW Energy at its meeting held on 02 April 2024 has approved fund raising by way of qualified institutional placement of equity shares of Rs 10 each for an aggregate amount not exceeding Rs 5,000 crore in one or more tranches. Powered by Capital Market - Live News

JSW Energy will hold a meeting of the Board of Directors of the Company on 2 April 2024.Powered by Capital Market - Live News

The Board of JSW Energy will meet on 02 April 2024 to consider and approve the proposal for raising of funds through the issuance of eligible securities of the Company by way of private offerings and / or on a preferential allotment basis and / or a qualified institutions placement or any other methods or combination thereof as may be permitted under applicable laws, subject to such regulatory / statutory approvals as may be required.Powered by Capital Market - Live News

JSW Neo Energy (JSW Neo), a wholly owned subsidiary of JSW Energy, has received Letter of Award (LoA) for ISTS-connected solar capacity of 700 MW from Solar Energy Corporation of India (SECI), against Tariff based Competitive Bid invited for setting up of 1,500 MW ISTS-connected Solar Power Projects. The current installed generation capacity is 7.2 GW. The company expects to have 9.8 GW of installed capacity by CY24, with this awarded capacity of 700 MW under SECI Tranche XIII, the company`s total locked-in generation capacity increases to 11.7 GW, of which 2.1 GW will be solar. JSW Energy has total locked-in generation capacity of 11.7 GW comprising of 7.2 GW operational, 2.6 GW under-construction across wind, thermal and hydro and LoAs for 1.9 GW capacity from SECI (Solar Tranche XIII and Wind Tranche XVI) and SJVN. In addition, the company has 3.4 GWh of locked-in energy storage capacity by means of battery energy storage system and hydro pumped storage project. The Company aims to to reach 20 GW generation capacity and 40 GWh of energy storage capacity before 2030. JSW Energy has set an ambitious target for 50% reduction in carbon footprint by 2030 and achieving Carbon Neutrality by 2050. Powered by Capital Market - Live News