JSW Neo Energy Limited (JSW Neo), a wholly owned subsidiary of JSW Energy Limited on Tuesday announced that it has received a Letter of Award (LoA) for setting up 200 MW Wind-Solar Hybrid Power Project from Maharashtra State Electricity Distribution Company Limited (MSEDCL) against Tariff based Competitive Bid (MSEDCL – Phase III).
The company said that with this capacity award, its total locked-in generation capacity has increased to 17.2 GW, which includes a total locked-in Hybrid capacity of 2.9 GW (including FDRE). JSW Energy expects to have an installed generation capacity of 10 GW by FY25, up from 7.5 GW currently, it stated in a regulatory filing. “This project enhances the company’s energy solution offerings and supports its transition towards becoming an energy products and services company,” it added.
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