1 day Ago
JSW Energy shares are likely to be in the spotlight on Wednesday, April 2, after the company announced a major operational milestone, surpassing the 10 GW installed capacity mark in FY2025, a first in its history.“JSW Energy Limited (“the Company”) has achieved a significant milestone by adding 3.6 GW of generation capacity during FY2025, marking the highest annual capacity addition in the Company's history,” the company said in an exchange filing.
In an exchange filing, the company revealed that it added 3.6 GW of generation capacity in FY2025, the highest ever annual addition by the company. This takes its total installed capacity to 10.
9 GW, exceeding its stated target for the fiscal year by a notable margin.The capacity growth was driven by a mix of organic and inorganic expansions, including:1.3 GW of wind energy projects1.
8 GW acquisition of KSK Mahanadi Power 2.8 GW of capacity added in Q4 FY2025 aloneThis strategic expansion underlines JSW Energy’s growing emphasis on renewable and sustainable energy and positions the company as a key player in India's energy transformation.Also read: D-Street hits a 5-year nadir in first-day-of-the-fiscal performance“I am pleased to announce that JSW Energy has added 3.
6 GW through both organic growth and strategic acquisitions bringing our total installed capacity to 10.9 GW and surpassing first milestone of 10 GW capacity by FY2025. This achievement is testament to our execution capabilities and our ability to close large acquisitions efficiently, said Sharad Mahendra, Joint Managing Director and CEO of JSW Energy.
This accomplishment not only strengthens our position in the renewable energy sector but also reinforces our dedication towards the country’s energy security and sustainable future by pursuing value accretive growth opportunities. We continue to focus on delivering reliable, affordable, and sustainable power while aiming to achieve 20 GW installed capacity significantly before 2030,” he added.The shares of JSW Energy closed 2.
85% lower at Rs 522.40 on the BSE on Tuesday.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own.
These do not represent the views of The Economic Times).
