JSW Neo Energy receives LoA for 300 MW wind power project from SECI

JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has received letter of award (LoA) for a total wind capacity of 300 MW from Solar Energy Corporation of India Limited (SECI).

The company has bagged the project in tariff based competitive bid invited by SECI for setting up of 1,200 MW inter-state transmission system (ISTS)-connected wind power projects (Tranche – XII). Further, this 300 MW project takes thecompany’s total power generation portfolio to 7.3 GW, with renewable energy share amounting to 57 per cent. The company is currently constructing around 2 GW of wind energy projects, of which projects of 1.26 GW (tied up with SECI) are expected to start commissioning in current quarter in a phased manner.