JSW Neo Energy Private Limited, a wholly-owned subsidiary of JSW Energy Limited (JSWEL), has received a letter of award (LoA) Â from Karnataka Renewable Energy Development Limited for setting up 300 MW grid-connected solar power projects on build, own and operate basis in Pavagada, Karnataka.
Subsequent to this capacity award, the company’s total locked-in capacity increases to 15.5 GW. The company expects to have an installed generation capacity of 10 GW by 2024-25, up from 7.5 GW currently.