JSW Energy has secured multiple renewable energy (RE) projects in the Commercial and Industrial (C&I) power market, achieving a total locked-in generation capacity of 20 GW. The company`s lockedin RE C&I capacity stands at 3.1 GW, which includes 2,654 MW of JSW group captive capacity and 445 MW of third-party C&I capacity. Currently, the operational C&I capacity of the company stands at 488 MW. In recent developments, the Company`s step-down subsidiaries have executed PPAs with DCM Shriram and Indus Towers for the supply of RE power. These strategic partnerships underscore the Company`s commitment towards sustainable energy solutions. Subsequent to this, the company`s total locked-in generation capacity has increased to 20 GW.JSW Energy aims to achieve 10 GW operational capacity by FY 2025 and currently has 7.7 GW of operational capacity spread across thermal, hydro and RE. The company also has 16.2 GWh of locked-in energy storage capacity through battery energy storage system and hydro pumped storage project. The Company aims to reach 20 GW generation capacity and 40 GWh of energy storage capacity before 2030. JSW Energy has set an ambitious target of achieving Carbon Neutrality by 2050. Powered by Capital Market - Live News

Net profit of JSW Energy rose 0.36% to Rs 853.25 crore in the quarter ended September 2024 as against Rs 850.16 crore during the previous quarter ended September 2023. Sales declined 0.67% to Rs 3237.66 crore in the quarter ended September 2024 as against Rs 3259.42 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales3237.663259.42 -1 OPM %52.0457.69 - PBDT1396.741500.54 -7 PBT1004.931091.86 -8 NP853.25850.16 0 Powered by Capital Market - Live News

JSW Renew Energy Eleven, a step-down subsidiary of JSW Energy, has signed Power Purchase Agreement (PPA) with Solar Energy Corporation of India (SECI), for ISTS connected 700 MW solar capacity awarded under SECI Tranche XIII. The PPA is signed for supply of power for a period of 25 years with a tariff of Rs 2.56/kWh. The aforesaid project is expected to be commissioned within 24 months. JSW Energy aims to achieve 10 GW operational capacity by FY 2025 and currently has 7.9 GW of operational capacity spread across thermal, hydro and RE. The company also has 16.2 GWh of locked-in energy storage capacity through battery energy storage system and hydro pumped storage project. The Company aims to reach 20 GW generation capacity and 40 GWh of energy storage capacity before 2030. JSW Energy has set an ambitious target of achieving Carbon Neutrality by 2050Powered by Capital Market - Live News

JSW Neo Energy (JSWNEL), a wholly-owned subsidiary of the Company, has executed definitive agreements on 18 October 2024, to acquire 3 special purpose vehicles (3 SPVs) collectively holding a portfolio of 125 MW of Wind Energy generation capacity from Hetero Labs and Hetero Drugs (Hetero Group). The transaction is subject to receipt of the necessary customary approvals. Upon consummation of the transaction, the 3 SPVs will become subsidiaries of JSWNEL and step-down subsidiaries of the Company.Powered by Capital Market - Live News

JSW Energy will hold a meeting of the Board of Directors of the Company on 24 October 2024.Powered by Capital Market - Live News