JSW Neo Energy (JSW Neo), a wholly-owned subsidiary of JSW Energy has received a letter of award (LoA) for 600 MW of wind-solar hybrid power project from Maharashtra State Electricity Distribution Company against MSEDCL-Phase IV. It also includes 400 MW allotted under the greenshoe option. 

This project enhances the company’s energy solution offerings and supports its transition towards becoming an energy products and services company. With the capacity award, the company’s total locked-in generation capacity has increased to 18.2 GW, which includes a total locked-in hybrid capacity of 3.8 GW (including FDRE). The company expects to have an installed generation capacity of 10 GW by FY25, up from 7.5 GW currently. 

JSW Energy has a total locked-in generation capacity of 18.2 GW across wind, thermal and hydro in operational and under construction projects, and also a RE pipeline of 8.3 GW. JSW Energy has set a target of achieving carbon neutrality by 2050.