Synopsis
JSW Energy has commissioned 261 MW of new renewable capacity, raising its total installed capacity to 12,760 MW. With 56% of capacity now from renewables, the company targets 30 GW of generation capacity and 40 GWh of energy storage by FY30.
During Monday’s trading session, shares of one of the leading private sector power producers in India moved up by nearly 2.4 percent on BSE, after the company announced commissioning 261 MW of renewable energy capacity, taking the total installed capacity to 12.8 GW.
With a market cap of Rs. 89,966.4 crores, at 11:45 a.m., the shares of JSW Energy Limited were trading in the green at Rs. 514.75 on BSE, up by around 0.5 percent, as against its previous closing price of Rs. 512. The stock has delivered negative returns of around 31 percent in one year, and has fallen by more than 3 percent in the last month.
What’s the News
According to the latest regulatory filings with the stock exchanges, JSW Energy Limited announced the successful commissioning of 261 MW of renewable energy capacity, 189 MW from solar and 72 MW from wind. This brings JSW Energy’s total installed capacity to 12,760 MW.
With this, the cumulative capacity addition during Q1 FY26 stands at 1.9 GW, constituting a mix of both organic and inorganic capacities. With this growth, renewables now make up 56 percent of the company’s total capacity, comprising 3,554 MW from wind, 2,157 MW from solar, and 1,391 MW from hydro.
JSW Energy currently holds a total locked-in generation capacity of 29.9 GW, including 12.8 GW operational, 12.5 GW under construction across thermal, wind, solar and hydro and a pipeline of 4.6 GW. in addition, the company has 29.3 GWh of locked-in energy storage capacity through hydro pumped storage projects of 26.4 GWh and a battery energy storage system (BESS) of 2.9 GWh.
Looking ahead, JSW Energy aims to reach 30 GW of generation capacity and 40 GWh of energy storage capacity by FY30. In line with its sustainability vision, the company has also committed to becoming carbon neutral by 2050.
Financials & more
JSW Energy reported a growth in its revenue from operations, showing a year-on-year rise of around 16 percent from Rs. 2,756 crores in Q4 FY24 to Rs. 3,189 crores in Q4 FY25. Similarly, its net profit increased during the same period from Rs. 345 crores to Rs. 415 crores, representing a growth of about 20 percent YoY.
The company projects its run-rate EBITDA for FY30 to be nearly 2.7 to 3.0 times its FY25 pro forma EBITDA. Over the FY26-FY30 period, JSW Energy anticipates undertaking cumulative incremental capex of around Rs. 1.3 lakh crores. By FY30, the Net Debt-to-EBITDA ratio is expected to be at ~5x.
JSW Energy Limited, a part of the $23 billion JSW Group, has established its presence across the value chains of the power sector with diversified assets in power generation and transmission. It is presently constructing various power projects to the tune of 12.5 GW, with a vision to achieve a total power generation capacity of 30 GW by 2030.
Written by Shivani Singh
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