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JSW Energy Expands Renewable Capacity with 85 MW Commissioning

Story Highlights
  • JSW Energy Limited commissioned 85 MW of renewable energy, boosting its capacity to 13,295 MW.
  • The company’s renewable share now stands at 57%, supporting its carbon neutrality goal by 2050.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
JSW Energy Expands Renewable Capacity with 85 MW Commissioning

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JSW Energy Limited ( (IN:JSWENERGY) ) has issued an announcement.

JSW Energy Limited has successfully commissioned 85 MW of renewable energy capacity, comprising 74 MW of solar and 11 MW of wind power, increasing its total installed capacity to 13,295 MW. This development enhances the company’s renewable energy share to 57% of its overall capacity, aligning with its strategic goal to reach 30 GW of generation capacity and 40 GWh of energy storage by 2030, while pursuing carbon neutrality by 2050.

More about JSW Energy Limited

JSW Energy Limited, part of the O.P. Jindal Group, operates in the energy sector with a focus on generating electricity through various sources including thermal, solar, wind, and hydro. The company is committed to expanding its renewable energy portfolio and aims to achieve carbon neutrality by 2050.

Average Trading Volume: 176,184

Technical Sentiment Signal: Hold

Current Market Cap: 908.4B INR

For a thorough assessment of JSWENERGY stock, go to TipRanks’ Stock Analysis page.

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