JSW Renew Energy Two Ltd commissions 51 MW under phased commissioning of 450 MW SECI-X Wind Project

JSW Renew Energy Two Limited, a step-down subsidiary, of JSW Energy Limited ('the company'), has commissioned 51 MW of wind power capacity under phase-wise commissioning of 450 MW ISTS-connected wind power project awarded under SECI tranche X in Tamil Nadu. With this the cumulative wind capacity commissioned by the Company under SECI X stands at 78 MW.

Subsequent to this, total current installed capacity becomes 6,615 MW while the under construction capacity stands at 2,855 MW, which is likely to be commissioned in phases over the next 12-18 months.

The Company has set a target to reach 20 GW capacity by 2030 and near-term target of 10 GW by 2025, with a total locked-in capacity of 9.9 GW the company is well placed to achieve its targets well ahead of time. In addition, the Company has forayed into energy storage space and has currently locked in 3.4 GWh of energy storage capacity by means of battery energy storage system and hydro pumped storage plant. JSW Energy has set an ambitious target for 50% reduction in carbon footprint by 2030 and achieving Carbon Neutrality by 2050 by transitioning towards renewable energy.

Shares of JSW Energy Limited was last trading in BSE at Rs. 259.45 as compared to the previous close of Rs. 248.20. The total number of shares traded during the day was 207237 in over 4401 trades.

The stock hit an intraday high of Rs. 262.00 and intraday low of 247.70. The net turnover during the day was Rs. 53291429.00.

Source : Equity Bulls

Keywords

JSWEnergy INE121E01018 JSWRenewEnergyTwo 51MW WindPowerCapacity Commissioned