JSW Neo Energy Limited, a wholly-owned subsidiary of JSW Energy Limited, has received a letter of award (LoA) for inter state transmission system (ISTS) connected solar capacity of 700 MW from Solar Energy Corporation of India Limited (SECI), against tariff based competitive bid invited by SECI for setting up of 1,500 MW ISTS connected solar power projects.The current installed generation capacity of the company is 7.2 GW. The company expects to have 9.8 GW of installed capacity by 2024, with this awarded capacity of 700 MW under SECI Tranche XIII, the company’s total locked-in generation capacity increases to 11.7 GW, of which 2.1 GW will be solar.
Recent Posts
Most Popular
Bloom Energy Reports First Quarter 2024 Financial Results
SAN JOSE, Calif., — Bloom Energy Corporation its financial results for the first quarter ended March 31, 2024. The company reported revenue of $235.3 million for...
Bloom Energy Announces Silicon Valley Data Center Power Capacity Agreement
SAN JOSE, Calif. – Bloom Energy a power capacity agreement with Intel Corporation that will result in Silicon Valley’s largest fuel cell-powered high-performance computing...
BPCL Reports Record Profit, Plans Bonus Shares & Final Dividend
Mumbai, Maharashtra, IndiaThe Board has recommended issue of bonus shares in the ratio of one equity share of Rs. 10 each for every one...
Relux Electric Secures Funding for Highway Hyper Charging Stations Expansion
Chennai, Tamil Nadu, India - Relux Electric has secured Rs. 250 crore of cumulative project funding from a group of private real estate and...
Sukhdeep Singh Joins SolarWinds as Head of Channel Sales APJ
SYDNEY, AUSTRALIA - SolarWinds announced the recent appointment of Sukhdeep Singh as the head of channel sales for Asia-Pacific and Japan (APJ). Singh is responsible...