Date: October 5, 2026

Operational Capacity Update

JSW Energy Limited has added 1,694 MW of generation capacity since April 2026, increasing the company's total installed capacity to 15,147 MW. The capacity additions include approximately 1.4 GW of renewable capacity.

Capacity Addition Breakdown

The capacity added in FY27 to date comprises:

  • 593 MW of solar capacity
  • 108 MW of wind capacity
  • 542 MW of hybrid capacity
  • 150 MW of hydro capacity
  • 300 MW of inorganic thermal capacity from Maruti Clean Coal & Power Ltd

Portfolio Composition

Renewable energy now constitutes approximately 61% (9,189 MW) of the company's operational portfolio, with the following breakdown:

  • 3,125 MW of wind capacity
  • 2,426 MW of solar capacity
  • 1,857 MW of hybrid capacity
  • 1,781 MW of hydro capacity

The thermal portfolio stands at 5,958 MW.

Management Commentary

Mr. Sharad Mahendra, Joint Managing Director and CEO, stated that the company has commissioned 1.4 GW of renewable energy capacity in the first half of FY27 and remains on track to deliver the balance 1.6 GW during the year. The remaining capacity is fully derisked with land, transmission connectivity, and equipment supply already in place. The company expects to benefit from favorable construction season in the second half to achieve its 3 GW annual capacity addition target.

Future Targets and Strategy

JSW Energy has a total locked-in generation capacity of 32.4 GW, comprising:

  • 15.1 GW operational capacity
  • 14.5 GW under construction across thermal, hydro, and renewables
  • 2.8 GW pipeline capacity

The company's locked-in energy storage capacity stands at 29.6 GWh, comprising:

  • 26.4 GWh of pumped hydro storage
  • 3.2 GWh of battery energy storage

This positions the company to supply firm, round-the-clock power as the sector shifts from energy to dispatchability.

The company is targeting:

  • 30 GW of generation capacity by 2030
  • 40 GWh of energy storage by 2030
  • Carbon neutrality by 2050

Progress Against Targets

The company remains on track to achieve its FY27 renewable energy capacity addition target of 3 GW, having already delivered approximately 46% of the targeted capacity.

Company Background

JSW Energy Ltd is one of the leading private sector power producers in India and part of the USD 25 billion JSW Group. The company began commercial operations in 2000 with the commissioning of its first 2x130 MW thermal power plants at Vijayanagar, Karnataka. The company has steadily enhanced its power generation capacity from 260 MW to 15.1 GW, ensuring diversity in geographic presence, fuel sources and power off-take arrangements.