JSW Renew Energy Limited, a step-down subsidiary of JSW Energy Limited, has initiated the phase-wise commissioning of its 810 MW ISTS-connected Wind Power Project in Tamil Nadu. The project, awarded under SECI tranche IX, began with the first phase commissioning of 51 MW. This strategic move is aligned with a power purchase agreement with SECI for a duration of 25 years.
Current and Future Capacity Achievements
Following this development, JSW Energy’s total installed capacity now stands at 6,822 MW. Additionally, the company has 2,969 MW of capacity under construction, which is expected to be commissioned in phases over the next 12 months. This progression is pivotal for JSW Energy, positioning it closer to achieving its short-term and long-term renewable energy targets.
Comments from JSW Energy’s Leadership
Prashant Jain, Joint Managing Director and CEO of JSW Energy, expressed his satisfaction with the project’s commencement. “We are pleased to start commissioning of the SECI-IX wind project, the first and largest greenfield wind capacity bagged by the Company. JSW Energy is on track to achieve its targeted 10 GW generation capacity by the end of CY2024,” he said.
JSW Energy’s Ambitious Renewable Energy Goals
JSW Energy has set an ambitious target of reaching a 20 GW generation capacity and 40 GWh of energy storage capacity by 2030. Currently, with a total capacity of 9.8 GW, the company is well-positioned to meet its near-term goal of 10 GW by 2025. Additionally, JSW Energy has secured 3.4 GWh of energy storage capacity through battery energy storage systems and hydro pumped storage projects. The company also aims for a 50% reduction in its carbon footprint by 2030 and achieving carbon neutrality by 2050.
Impact on India’s Renewable Energy Sector
The commissioning of the SECI tranche IX Wind Power Project by JSW Renew Energy is a significant step in India’s renewable energy sector. It not only bolsters the country’s wind energy capacity but also reinforces JSW Energy’s commitment to sustainable energy production and environmental responsibility.
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