JSW Energy to spend USD10 billion on renewable energy by 2030

JSW Energy Limited plans to spend Rs USD10 billion (Rs 750 billion) on renewable energy by 2030.

The company aims to shift away from coal and plans to add about 15.4 GW of solar, wind and hydropower capacity by 2030. It also aims to become carbon neutral by 2050. JSW Energy expects its generation capacity to rise from 4.6 GW at present to 20 GW by March 2030, with in the entire capacity addition coming from renewables.

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