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JSW Energy Limited ( (IN:JSWENERGY) ) has shared an announcement.
JSW Energy’s wholly owned subsidiary JSW Thermal Energy has signed a supply contract with associate firm Toshiba JSW Power Systems for two 800 MW steam turbine generators for its 1,600 MW Salboni thermal power project in West Bengal. The deal is designed to align equipment delivery with construction timelines, tighten supply-chain control, and mitigate sector-wide equipment shortage risks, while supporting the timely commissioning of the plant. With the Salboni project and a potential 1,800 MW expansion at KSK Mahanadi, JSW Energy’s thermal capacity is projected to rise to 9,058 MW, or about 30% of its 30.5 GW locked-in portfolio, reinforcing the company’s strategy of maintaining thermal power as a stable baseload complement to growing renewables and contributing to India’s broader push for additional thermal capacity and energy security.
More about JSW Energy Limited
JSW Energy Limited is an Indian power company with a diversified portfolio across thermal, renewable, and hydro generation, as well as energy storage. The company currently has 13.3 GW of operational generation capacity, 12.4 GW under construction across thermal and renewable projects, 150 MW of hydro under acquisition, and a 4.6 GW pipeline, alongside 29.4 GWh of locked-in energy storage capacity through pumped storage and battery systems. It targets 30 GW of generation and 40 GWh of storage capacity by FY 2030 and aims to achieve carbon neutrality by 2050, positioning itself as a key player in India’s evolving, balanced energy mix.
Average Trading Volume: 443,087
Technical Sentiment Signal: Hold
Current Market Cap: 864.4B INR
See more insights into JSWENERGY stock on TipRanks’ Stock Analysis page.