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JSW Energy to invest ₹14K cr to expand RE capacity of O2 Power
The Free Press Journal - Bhopal
|May 21, 2025
JSW Energy would invest around Rs 14,000 crore to expand renewable energy capacity of recently acquired O2 Power to 4.7 gigawatt (GW) by 2027, and in FY26 it looks to spend up to Rs 18,000 crore to complete ongoing projects, senior company officials said.
Its arm JSW Neo Energy Ltd (JSW Neo) has acquired 4,696 MW renewable energy platform of O2 Power Pooling Pte Ltd (O2 Power) for an enterprise value of Rs 12,468 crore.
Of the total, 2,259 MW will be operational by June 2025, while 1,463 MW is under construction, and an additional 974 MW are in the pipeline, the company had said.
This story is from the May 21, 2025 edition of The Free Press Journal - Bhopal.
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