Sajjan Jindal-led JSW Energy NSE -2.72 % plans to scale up its total capacity to 20 gigawatts with a total investment of Rs 75,000 crore by financial year 2029-30 from a little over 4.5 gw now, driven by renewable energy, a top executive told ET.
The company is on track to add an operational capacity of 2.5 gw by June 2023 to its existing capacity and is close to signing power purchase agreements (PPA) for the entire new capacity. The board of the company has approved the plan to scale up its capacity to 20 gw and the company has chalked out a plan for it, Prashant Jain, joint managing director and chief executive officer told ET.