JSW Energy Limited — Important, 13-03-2025: General Updates

JSW Energy Limited has signed a Power Purchase Agreement (PPA) with West Bengal State Electricity Distribution Company Limited for a greenfield 1,600 MW (2 x 800 MW) super/ultra super critical thermal power plant. This marks the largest capacity project and PPA for the company, aimed at bolstering local employment opportunities and economic growth in Salboni. Additionally, the company has initiated commercial operations for Unit-2 of its Utkal Thermal Power Plant (2 x 350 MW), enhancing its ability to meet growing energy demand ahead of the peak season. Both projects leverage domestic coal resources, helping to minimize operational costs and contribute to the company’s overall growth strategy. Shareholders should note this positive development as it reflects JSW Energy's commitment to expanding its capacity and supporting India's energy security.