News In Brief March 13: JSW Neo Energy, REC-Kerala MoU, Magenta’s NorMinc Updated On Thu, Mar 13th, 2025 by Saurenergy JSW Neo Energy Acquires Virya Infrapower Signs Agreement JSW Neo Energy Limited (JSWNEL), a subsidiary of JSW Energy, has entered into a Share Purchase Agreement with Virya Infrapower. Under the agreement, JSW Neo Energy would acquire 100% shares of Virya Infrapower Private Limited, i.e., the target company. Consequently, Virya Infrapower Private Limited has become […] Read more
JSW Neo Energy Limited to Acquire Hetero Group RE Portfolio Updated On Mon, Oct 21st, 2024 by Saurenergy JSW Neo Energy Limited (JSWNEL), a wholly owned subsidiary of JSW Energy Limited, signed definitive agreements this week, to acquire three Special Purpose Vehicles (SPVs) from Hetero Labs Limited and Hetero Drugs Limited (Hetero Group). These SPVs collectively hold a cumulative wind energy generation capacity of 125 megawatts (MW). The transaction is subject to the […] Read more
Maharashtra: JSW Neo Gets 1,500 MW / 12,000 MWh Pumped Hydro Storage Project Updated On Thu, Oct 3rd, 2024 by Saurenergy Mumbai-based JSW Neo Energy Limited (JSW Neo), a subsidiary of JSW Energy Limited, received a Letter of Intent (LoI) for the procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage from the Maharashtra State Electricity Distribution Company Ltd (MSEDCL). Their Bhavali Pumped Hydro Project is located in the Nashik and Thane districts […] Read more
NTPC Awards JSW Neo 300 MW Of Hybrid Power Projects Updated On Fri, Aug 23rd, 2024 by Saurenergy JSW Neo Energy Limited (JSW Neo), a subsidiary of JSW Energy Limited, received a Letter of Award (LoA) for a 300 MW ISTS-connected Wind-Solar Hybrid Power Project from NTPC Limited. JSW Neo Energy got this project against a tariff-based competitive bid and was invited to set up 1,000 MW ISTS-connected Wind-Solar Hybrid Power Projects (NTPC-Tranche-VI). […] Read more
JSW Neo Secures 192 MW Hybrid Power Project From GUVNL Updated On Mon, Jul 29th, 2024 by Saurenergy JSW Neo Energy Limited (JSW Neo), received a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL), for a 192 MW grid-connected hybrid power project, including an additional 96 MW under the green shoe option. JSW Neo Energy, a subsidiary of JSW Energy was awarded this project against a tariff-based competitive bid invited […] Read more
JSW Neo, Powerica, And Torrent Power Emerge Winners In SECI’s 1.35 GW Wind Tender Updated On Wed, Jul 24th, 2024 by Saurenergy SECI has now announced the winners of the 1350 MW ISTS-connected Wind Power Projects in Gujarat under Tranche XVI. The tender was released on 30th November 2023 and the results have come after almost eight months. The projects cover wind projects in the states of Gujarat and Karnataka, and Rajasthan. For projects in Gujarat, JSW […] Read more
JSW Energy Signs PPA with NHPC for 300 MW Hybrid RE Project Updated On Thu, Jun 26th, 2025 by Saurenergy JSW Energy, through its step-down subsidiary Energizent Power Private Limited, has signed a 25-year Power Purchase Agreement (PPA) with NHPC Limited for a 300 MW of solar-wind hybrid power. The power will be supplied at a fixed tariff of Rs 3.49 per unit. The project will be connected to the inter-state transmission system (ISTS). The […] Read more
JSW, UPPCL Sign 1,500 MW Pumped Hydro Storage PPA Updated On Thu, May 1st, 2025 by Saurenergy JSW Neo Energy Limited, a JSW Energy subsidiary, signed a Pumped Hydro Storage Power Procurement Agreement (PHSPPA) with Uttar Pradesh Power Corporation (UPPCL) for the procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage. The PHS PPA would be used to supply energy storage capacity for 40 years. As per the order, […] Read more
JSW Acquires 4.7 GW RE Platform From O2 Power For ₹12,468 Cr Updated On Thu, Apr 10th, 2025 by Saurenergy JSW Neo Energy Limited (JSW Neo), a JSW Energy Limited subsidiary, has completed the acquisition of a 4.7 GW renewable energy (RE) platform from O2 Power Pooling Pte. Ltd. (O2 Power), a platform jointly established by global investment organisations EQT & Temasek in 2020. The platform is valued at approximately ₹12,468 crores, after adjustments under […] Read more
