The shares of the prominent power generation company gained up to 1.3 percent in today’s trading session after the company’s subsidiary signed a Power Purchase Agreement (or “PPA”) with NHPC Limited.
With a market capitalization of Rs 89,013.85 crore, the shares of JSW Energy Ltd were trading at Rs 509.30 per share, increasing around 0.24 percent as compared to the previous closing of Rs 508.10 apiece.
The share of JSW Energy Ltd has seen positive movement after its stepdown subsidiary Energizent Power Private Limited has signed a Power Purchase Agreement (or “PPA”) with NHPC Limited for ISTS-connected 300 MW Solar-Wind Hybrid Capacity.
Further, the PPA is signed for the supply of power for a period of 25 years with a tariff of ₹3.49/KWh. The aforesaid project is expected to be commissioned in the next 24 months and is located in Rajasthan and Andhra Pradesh.
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Financial & Operational highlights
Looking forward to the company’s financial performance, revenue increased by 16 percent from Rs 2,756 crore in Q4FY24 to Rs 3,189 crore in Q4FY25. Further, during the same time frame, net profit increased by 20 percent from Rs 345 crore to Rs 415 crore.
JSW Energy is rapidly expanding with a total locked-in generation capacity of 29.9 GW, including 12.5 GW operational and 12.8 GW under construction. It also holds 29.3 GWh of energy storage capacity via hydro and battery systems. With targets of 30 GW generation and 40 GWh storage by FY30, the company eyes carbon neutrality by 2050.
JSW Energy’s thermal portfolio stands at 5,658 MW, with 84% tied under long-term PPAs. Major plants include Ratnagiri, Barmer, Vijaynagar, Utkal, and KSK, using a mix of imported and domestic coal and lignite. Q4 FY25 saw 6,183 MU generation. The under-construction 1,600 MW Salboni project signals continued focus on thermal asset expansion.
Written by Abhishek Singh
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