JSW Neo Energy, a wholly owned subsidiary of JSW Energy Limited, has signed a renewable energy power purchase agreement (“PPA”) with Amazon for 180 MW of wind power. Following this agreement, the Company’s locked-in RE Commercial and Industrial (C&I) capacity stands at 4.0 GW. This comprises of 2.7 GW of JSW group captive capacity and 1.3 GW of third-party C&I capacity, including capacity to be acquired from O2 Power.
The Company’s C&I portfolio includes prominent customers such as Amazon, DCM Shriram Ltd, and Indus Towers Ltd. These strategic partnerships underscore the Company’s commitment towards sustainable energy solutions.
Currently, the Company has 8.2 GW of operational generation capacity spread across thermal, hydro and RE and a locked-in generation capacity of 30 GW. The company also has 16.3 GWh of locked-in energy storage capacity through a battery energy storage system and hydro-pumped storage project. The Company aims to reach 20 GW generation capacity and 40 GWh of energy storage capacity significantly before 2030.
