+
JSW Neo Energy wins 500MW solar project from SECI
POWER & RENEWABLE ENERGY

JSW Neo Energy wins 500MW solar project from SECI

JSW Energy announced that its subsidiary, JSW Neo Energy, has secured a contract from the Solar Energy Corporation of India (SECI) to develop a 500 MW inter-state transmission system (ISTS) connected solar project, along with 250 MW/500 MWh of energy storage systems. JSW Neo Energy has received a Letter of Award (LoA) for establishing the solar power project and energy storage systems in response to a tariff-based competitive bid for setting up 1,200 MW ISTS-connected solar power projects and 600 MW/1,200 MWh energy storage systems (Tranche XV), as stated by the company.

In another statement, the company reported that JSW Neo Energy has received a LoA from Karnataka Renewable Energy Development (KREDL) for developing a 300 MW solar project at Pavagada Solar Park in Karnataka. With this new capacity award, JSW Neo Energy?s total locked-in generation capacity has increased to 16 GW, and its total locked-in energy storage capacity has risen to 4.2 GWh. The company aims to achieve an installed generation capacity of 10 GW by FY25, up from the current 7.5 GW.

JSW Energy announced that its subsidiary, JSW Neo Energy, has secured a contract from the Solar Energy Corporation of India (SECI) to develop a 500 MW inter-state transmission system (ISTS) connected solar project, along with 250 MW/500 MWh of energy storage systems. JSW Neo Energy has received a Letter of Award (LoA) for establishing the solar power project and energy storage systems in response to a tariff-based competitive bid for setting up 1,200 MW ISTS-connected solar power projects and 600 MW/1,200 MWh energy storage systems (Tranche XV), as stated by the company. In another statement, the company reported that JSW Neo Energy has received a LoA from Karnataka Renewable Energy Development (KREDL) for developing a 300 MW solar project at Pavagada Solar Park in Karnataka. With this new capacity award, JSW Neo Energy?s total locked-in generation capacity has increased to 16 GW, and its total locked-in energy storage capacity has risen to 4.2 GWh. The company aims to achieve an installed generation capacity of 10 GW by FY25, up from the current 7.5 GW.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code