JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has received letter of award (LoA) for setting up 500 MW inter state transmission system (ISTS)-connected solar power project along with 250 MW / 500 MWh of energy storage systems from Solar Energy Corporation of India Limited (SECI).
The tariff based competitive bid were invited for setting up of 1,200 MW ISTS-connected solar power projects along with 600 MW / 1,200 MWh of energy storage systems (Tranche XV). Subsequent to this capacity award, the company’s total locked-in generation capacity increases to 16.0 GW and the total locked-in energy storage capacity increases to 4.2 GWh.