JSW Neo Energy Limited has secured a letter of awards (LoA) for 500 MW wind capacity from Solar Energy Corporation of India Limited (SECI) against tariff based competitive bidding invited for setting up of 1,350 MW inter state transmission system connected wind power projects (Tranche – XVI).
According to the bid structure, there is a green shoe option of 700 MW available in addition to the awarded capacity. This option could potentially increase the company’s total awarded capacity by 525 MW, reaching a maximum of 1,025 MW.
