JSW Neo Energy wins 500MW solar project from SECI

26 Jul 2024 CW Team

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.

Real Estate

04 Aug 2026

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