JSW Energy Adds 281 MW Renewable Capacity, Targets 30 GW by 2030

JSW Energy Limited has announced the successful commissioning of 281 MW of organic renewable energy capacity. This includes 215 MW of solar power and 66 MW of wind power. With this addition, the company’s total installed capacity has reached 12,499 MW. Notably, the timing aligns with the peak wind season, ensuring optimal utilisation and higher contribution to overall renewable energy output.

Renewable Share Reaches 55% of Total Capacity

Following the latest capacity expansion, JSW Energy’s renewable energy mix stands at 55% of its total capacity. This includes 3,482 MW of wind, 1,968 MW of solar, and 1,391 MW of hydro power. The growing share of clean energy underlines the company’s commitment to sustainability and the ongoing energy transition in India.

Strategic PPA Signed with Adani Electricity Mumbai

In a related development, JSW Renew Energy Three Limited, a stepdown subsidiary of JSW Energy, has signed a Power Purchase Agreement (PPA) with Adani Electricity Mumbai Limited. The agreement pertains to a 250 MW wind power project connected to the State Transmission Utility (STU) in Maharashtra. The PPA, secured at a fixed tariff of ₹3.65/KWh for 25 years, is expected to provide stable and long-term revenue. The project is slated for commissioning within the next 24 months.

Aggressive Expansion Under Strategy 3.0

JSW Energy continues to push forward under its Strategy 3.0 roadmap, targeting 30 GW of total generation capacity and 40 GWh of energy storage by FY 2030. The company already boasts 29.9 GW of locked-in generation projects—12.5 GW operational, 12.4 GW under construction, and 4.9 GW in the pipeline. It also has locked-in energy storage capacity of 29.3 GWh, including 26.4 GWh from hydro pumped storage and 2.9 GWh from battery storage systems.

JSW Energy Share Price Performance

On June 6, 2025, JSW Energy share price opened at ₹514.00, down from its previous close of ₹508.10. At 10:57 AM, the share price of JSW Energy was trading at ₹510.20, up by 0.81% on the NSE.

Also Read: JSW Neo Energy Seeks $675 Million Loan to Support Strategic Acquisition of O2 Power!

Conclusion

JSW Energy’s latest commissioning and strategic PPA further cement its role in India’s clean energy future. With aggressive targets and sustained momentum, the company remains on track to meet its net-zero goal by 2050.

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