JSW Thermal Energy to Develop 1,600 MW Salboni Plant Under WBSEDCL PPA

JSW Thermal Energy Two Limited, a wholly owned subsidiary of JSW Energy Limited, has entered into a Power Purchase Agreement (PPA) with the West Bengal State Electricity Distribution Company Limited (WBSEDCL) for the development of a greenfield 1,600 MW (2 × 800 MW) super/ultra-supercritical thermal power project. The plant will be set up at Salboni in West Bengal and is scheduled to be commissioned within six years.

Project Award and Fuel Linkage

The project has been awarded through a competitive bidding process conducted by WBSEDCL and will operate on domestic linkage coal allocated to the state under the SHAKTI B (iv) policy. This marks the second PPA signed by JSW Energy with WBSEDCL, following an earlier agreement for a similar 1,600 MW capacity concluded in March 2025.

Overall Generation and Storage Portfolio

At present, JSW Energy owns and operates 5,658 MW of thermal power capacity. With 3,200 MW currently under construction at Salboni and an option to add a further 1,800 MW at the KSK Mahanadi facility, the company’s total thermal capacity is projected to rise to 10,658 MW. Notably, all incremental capacity will be fuelled by domestic coal.

Overall, JSW Energy has a locked-in generation portfolio of 32.1 GW, comprising 13.3 GW of operational capacity, 14 GW under construction across thermal and renewable assets, 150 MW of hydro capacity under acquisition, and a development pipeline of 4.6 GW. In addition, the company has secured 29.4 GWh of energy storage capacity, including 26.4 GWh from hydro pumped storage projects and 3.0 GWh from battery energy storage systems.

JSW Energy has set a target of achieving 30 GW of generation capacity and 40 GWh of energy storage capacity by 2030, while aiming to attain carbon neutrality by 2050.

Management Take on Significant Development

Mr. Sharad Mahendra, Joint Managing Director and CEO of JSW Energy, “I am pleased to announce the signing of our second 1,600 MW PPA with WBSEDCL for a thermal power project at Salboni, increasing our total capacity at the site to 3,200 MW. This makes Salboni our largest single-location asset and reinforces our commitment to India’s energy security through the supply of reliable and affordable power. 

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The project benefits from its strategic proximity to coal blocks, as well as synergies with the existing 1,600 MW unit under construction, driving significant operational efficiencies. This milestone marks another important step in expanding our thermal portfolio as we continue to build efficient, scalable energy assets that create long-term value for all stakeholders”

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