JSW Energy eyes 30 GW capacity by FY30

Mamata Banerjee to lay foundation stone of firm's ₹16,000 cr Salboni plant today

- ISHITA AYAN DUTT

JSW Energy, the power generation arm of the $24 billion JSW group, is aiming for a generation capacity of 30 gigawatt (GW) by 2029-30 (FY30) or earlier.

At the end of 2024-25 (FY25), the Sajjan Jindal-owned firm had an operating capacity of 10.8 GW. Currently, its capacity has increased to 12.2 GW. There is an order pipeline of an additional 18 GW, which is likely to be executed by 2030.

Earlier, JSW Energy had set a generation target capacity of 20 GW and a storage capacity target of 40 gigawatt-hour (GWh).

Sharad Mahendra, joint managing director and chief executive officer, JSW Energy, said at a media interaction that the company had announced its Strategy 2.0 with a target of 20 GW generation capacity by FY30 three years ago.