JSW Energy Initiates Progressive
Commissioning of SECI-X Wind Project
Commissioning of the First Phase of the 450 MW Wind Power Project awarded under SECI Tranche X in Tamil Nadu
JSW Renew Energy Two Limited, a step-down subsidiary, of JSW Energy Limited (or ‘the company’), has started phase-wise commissioning of 450 MW ISTS-connected Wind Power Project awarded under SECI tranche X at Tuticorin in Tamil Nadu with commissioning of the first phase of 27 MW. This is the company’s first greenfield wind power project to be commissioned and is a testament of the group’s project execution capabilities. The project has power purchase agreement with SECI for a period of 25 years. In addition to this project, the company is also constructing 1.8 GW of greenfield renewable energy capacity in pursuit of reaching 10 GW capacity well ahead of its FY25 timelines, and 20 GW capacity by FY30.
We are happy to announce the first part commissioning of the SECI X wind project ahead of theschedule. This is an initial step towards progressive commissioning of the green field 450MW wind project. With this, renewables capacity continues to gain share in ouroperational capacity mix as we are committed to achieving net zero by 2050
JSW Energy has set an ambitious target for a 50% reduction in its carbon footprint by 2030 and achieving Carbon Neutrality by 2050 by transitioning towards renewable energy. The company has set a target to reach 20 GW capacity by 2030, with the share of renewable energy increasing to ~81%. Around 2.63 GW of renewable energy projects are currently under-construction/in-pipeline, with wind projects of 1.26 GW tied with SECI expected to be fully commissioned in the next 12-18 months. Further, the company has received LoA for 300 MW wind project from SECI under its tranche XII auction. With the acquisition of Mytrah Energy’s 1.75 GW RE assets and 700 MW Ind-Barath Thermal Power Plant, total locked-in capacity will increase to 9.9 GW