Jun-06-2025 | 10:21 Hrs IST

JSW Energy is trading higher following the successful commissioning of 281 MW of organic renewable energy capacity. The stock is currently trading at Rs 510.15, up by 2.00 points or 0.39% from its previous close of Rs 508.15 on the BSE.

The scrip opened at Rs 515.70 and has touched an intraday high of Rs 516.65 and a low of Rs 507.75. A total of 1,03,072 shares have been traded on the counter so far.

The BSE group 'A' stock with a face value of Rs 10 had recorded a 52-week high of Rs 804.95 on 24-Sep-2024 and a 52-week low of Rs 419.10 on 17-Feb-2025. Over the past week, the scrip has traded between Rs 516.65 and Rs 483.75. The current market capitalization of the company stands at Rs 89,066.28 crore.

Promoters hold a 69.26% stake in the company, while institutional investors and non-institutions hold 24.37% and 6.37% respectively.

JSW Energy has added 215 MW of solar and 66 MW of wind capacity, bringing its total installed capacity to 12,499 MW. This timely addition positions the company to capitalize on the upcoming peak wind season, contributing significantly to renewable energy output. With this latest capacity addition, JSW Energy now has 3,482 MW of wind, 1,968 MW of solar, and 1,391 MW of hydro capacity, increasing the renewable share of its total capacity to 55%.

Additionally, JSW Renew Energy Three, a step-down subsidiary of the company, has signed a Power Purchase Agreement (PPA) with Adani Electricity Mumbai for 250 MW of STU-connected wind capacity. The 25-year agreement is at a tariff of Rate RS 3.65/KWh. The project, located in Maharashtra, is expected to be commissioned within the next 24 months.

JSW Energy’s total locked-in generation capacity stands at 29.9 GW, including 12.5 GW operational, 12.4 GW under construction across wind, thermal, and hydro, and a pipeline of 4.9 GW. The company also has 29.3 GWh of locked-in energy storage capacity, comprising 26.4 GWh from hydro pumped storage projects and 2.9 GWh from battery energy storage systems. JSW Energy aims to achieve 30 GW of generation capacity and 40 GWh of energy storage capacity by FY 2030. The company has also committed to achieving carbon neutrality by 2050.

JSW Energy, part of the JSW Group, is a fast-growing energy company with interests spanning carbon steel, power, mining, industrial gases, port facilities, aluminium, cement, and information technology.