JSW Energy Acquiring Reliance Power's Wind Project
POWER & RENEWABLE ENERGY

JSW Energy Acquiring Reliance Power's Wind Project

JSW Energy, a subsidiary of JSW Group, is set to bolster its renewable energy portfolio with the acquisition of Reliance Power's wind project for INR 132 crore. The move signifies JSW's commitment to enhancing its presence in the renewable energy sector, aligning with global sustainability goals and contributing to India's clean energy transition.

The acquisition involves the transfer of Reliance Power's 3.30-megawatt (MW) wind power project, located in Vashpet, Maharashtra. This strategic investment underscores JSW Energy's dedication to scaling up its renewable energy capacity, leveraging India's vast potential in wind energy generation. With this acquisition, JSW Energy aims to further diversify its energy portfolio and reinforce its position as a key player in the country's renewable energy landscape.

Renewable energy is increasingly becoming a focal point for businesses worldwide, driven by the imperative to mitigate climate change and reduce carbon emissions. JSW Energy's move to acquire Reliance Power's wind project reflects its forward-thinking approach and commitment to sustainable development. By harnessing wind energy, JSW Energy aims to contribute to India's renewable energy targets and foster a greener, more sustainable future for the nation.

This acquisition also underscores JSW Energy's confidence in the long-term viability and potential of the renewable energy sector in India. With increasing government support and growing awareness of the benefits of renewable energy, the sector presents significant opportunities for investment and growth. JSW Energy's strategic acquisition of Reliance Power's wind project positions the company to capitalise on these opportunities and drive further expansion in the renewable energy market.

In summary, JSW Energy's acquisition of Reliance Power's wind project represents a significant step towards strengthening its presence in the renewable energy sector and underscores its commitment to sustainability and clean energy transition in India.

JSW Energy, a subsidiary of JSW Group, is set to bolster its renewable energy portfolio with the acquisition of Reliance Power's wind project for INR 132 crore. The move signifies JSW's commitment to enhancing its presence in the renewable energy sector, aligning with global sustainability goals and contributing to India's clean energy transition. The acquisition involves the transfer of Reliance Power's 3.30-megawatt (MW) wind power project, located in Vashpet, Maharashtra. This strategic investment underscores JSW Energy's dedication to scaling up its renewable energy capacity, leveraging India's vast potential in wind energy generation. With this acquisition, JSW Energy aims to further diversify its energy portfolio and reinforce its position as a key player in the country's renewable energy landscape. Renewable energy is increasingly becoming a focal point for businesses worldwide, driven by the imperative to mitigate climate change and reduce carbon emissions. JSW Energy's move to acquire Reliance Power's wind project reflects its forward-thinking approach and commitment to sustainable development. By harnessing wind energy, JSW Energy aims to contribute to India's renewable energy targets and foster a greener, more sustainable future for the nation. This acquisition also underscores JSW Energy's confidence in the long-term viability and potential of the renewable energy sector in India. With increasing government support and growing awareness of the benefits of renewable energy, the sector presents significant opportunities for investment and growth. JSW Energy's strategic acquisition of Reliance Power's wind project positions the company to capitalise on these opportunities and drive further expansion in the renewable energy market. In summary, JSW Energy's acquisition of Reliance Power's wind project represents a significant step towards strengthening its presence in the renewable energy sector and underscores its commitment to sustainability and clean energy transition in India.

Next Story
Infrastructure Transport

JNPA Becomes First Indian Port to Cross 10 Million TEU Capacity

The Jawaharlal Nehru Port Authority (JNPA), located at Uran in Navi Mumbai, has become the first port in India to achieve over 10 million TEUs (twenty-foot equivalent units) in container handling capacity.With the recent expansion, the port now operates five container terminals with a combined capacity of 10.4 million TEUs, alongside two liquid and two general cargo terminals.Handling more than half of India’s container traffic, JNPA processed 7.05 million TEUs in 2024 and has moved 15.39 million tonnes of containers and 16.64 million tonnes of total cargo in the first two months of FY 2025â..

Next Story
Infrastructure Transport

Nod for Rs. 36.26 billion Expansion of Pune Metro Line 2

The Union Cabinet has approved the Rs.36.26 billion expansion of Pune Metro Line 2, adding 12.75 km of track and 13 new stations to improve east–west connectivity across the city.The project aims to link Pune’s urban core with rapidly growing suburbs, supporting the city’s rising demand for efficient and sustainable transport solutions. This expansion is part of Corridor 2 of the Pune Metro and includes two key routes: Vanaz to Chandani Chowk (Corridor 2A) and Ramwadi to Wagholi/Vitthalwadi (Corridor 2B).It will connect residential, IT, and educational hubs in areas such as Bavdhan, Koth..

Next Story
Infrastructure Transport

Assembly begins for ‘Nayak’ TBM on Thane– Borivali Twin Tunnel Project

The assembly of ‘Nayak’, the first of four Tunnel Boring Machines (TBMs) for the Thane–Borivali Twin Tube Tunnel Project, has commenced at the Thane site. Built by German firm Herrenknecht AG and deployed by Megha Engineering & Infrastructure (MEIL), the TBM marks a key milestone in Mumbai’s ambitious 11.8-km underground road corridor beneath Sanjay Gandhi National Park.The twin tunnels will reduce the Thane–Borivali travel distance by 12 km and decongest Thane Ghodbunder Road. ‘Nayak’, with a 13.2-metre diameter, is designed to bore through challenging geological conditions ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?