The company will benefit from the rain season of the year to add to this capacity and contribute to the overall renewable output, the company’s statement said.
In addition, the installed wind capacity is 3,482 MW, solar capacity 1,968 MW and hydro capacity 1,391 MW, the total capacity of 55 per cent.
Further, the Stopadown Assistant Company of JSW Energy Three has signed the Electricity Purchase Agreement (PPA) with Adani Electricity to Mumbai Limited for the 5 250 MW STU-connect wind capacity.
PPA is signed for a 25 -year period of 25 years, with a rate of 65.6565/kWH.
The project is in Maharashtra and is expected to start in the next 24 months. The total lock-in generation capacity of the JSW energy is 29.9 GW, which has a 12.5 GW operational, 12.4 GW wind, thermal and hydro, 12.4 GW under-vertection and 4.9 GW pipeline. The company aims to reach the 30GW Generation capacity and 40 GWH energy storage capacity by the financial year 2030.
JSW Energy has set an ambitious goal of achieving carbon neutrality by 2050.
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