JSW Neo Energy bags 500MW solar project from Solar Energy Corporation of India

JSW Energy's subsidiary, JSW Neo Energy, secured a contract from SECI to develop a 500 MW ISTS-connected solar project with 250 MW/500 MWh of energy storage systems. This increased the company's locked-in generation capacity to 16GW and energy storage capacity to 4.2 GWh. JSW Neo also received a LoA from KREDL for a 300 MW solar project, aiming to achieve 10 GW generation capacity by FY25 and Carbon Neutrality by 2050.