JSW Energy gets contract from SECI for supply of 230 MW renewable energy

New Delhi: JSW Energy announced on Thursday that its wholly-owned subsidiary, JSW Neo Energy Limited, has successfully secured a significant order from the Solar Energy Corporation of India (SECI) for the supply of 230 MW of power from its renewable energy project. The award was granted following a competitive tariff-based bidding process, reflecting JSW Energy's growing influence and commitment in the renewable energy sector.

This achievement is part of a broader initiative by SECI to procure 630 MW of firm and dispatchable power from renewable energy projects connected to the interstate transmission system (ISTS). The specific project, identified as SECI-FDRE-IV, represents a critical component of India's transition toward sustainable energy sources.

JSW Neo Energy Limited's successful bid underscores the company's strategic focus on expanding its renewable energy portfolio, in line with JSW Energy's ambitious target of achieving a total renewable energy capacity of 20 GW by 2030. This order further solidifies JSW Energy's position as a leading player in India's clean energy landscape, contributing to the nation's goal of increasing the share of renewables in the energy mix.

In addition to this recent achievement, JSW Energy has been actively involved in developing various renewable energy projects, including wind, solar, and hybrid solutions. The company’s aggressive push toward renewables aligns with global trends of reducing carbon emissions and fostering sustainable development.

The power supplied under this contract will not only help meet the growing demand for clean energy but also support India’s commitment to achieving 500 GW of non-fossil fuel-based capacity by 2030. With this latest contract, JSW Energy continues to demonstrate its capability to deliver large-scale renewable energy projects, reinforcing its commitment to sustainability and innovation in the energy sector.

The successful bidding and award process highlights JSW Energy's expertise in navigating complex competitive processes, further bolstering its reputation as a reliable and forward-thinking energy provider. The company is well-positioned to contribute significantly to India’s renewable energy goals, paving the way for a cleaner and more sustainable energy future.