Last Updated on 25th June 2024
JSW Neo Energy has been awarded the letter of award (LoA) to establish a 6.5 KTPA (Kilotons per annum) green hydrogen production facility. The LoA was granted following an auction conducted by the Solar Energy Corporation of India (SECI) under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme.
This success underscores JSW Neo Energy's dedication to sustainability and its ambition to lead in the renewable energy sector. With a total generation portfolio of 7.3 GW, of which 57% comes from renewables, the company already holds a significant presence in the wind and solar power sectors.
The commissioning of JSW Neo Energy's green hydrogen facility is anticipated within 30 months, marking a pivotal milestone in India's green hydrogen aspirations. This project not only benefits the environment but also positions JSW Neo Energy as a frontrunner in this rapidly evolving sector.
JSW Neo Energy Limited is a wholly-owned subsidiary of JSW Energy Limited, one of India's leading private-sector power producers. It was formed in March 2022 as part of a reorganization of JSW Energy's business to focus on renewable energy and green businesses. The company's portfolio includes solar, wind, and hydropower projects. It is also exploring opportunities in new areas such as green hydrogen and battery storage.
Find Upcoming and ongoing renewable energy projects of JSW Neo Energy
JSW Neo Energy's goal is to become a leading player in the Indian renewable energy sector. It has a current total capacity of 9.9 GW, with a target to reach 20 GW by 2030. JSW Neo Energy has made many significant acquisitions in recent years, including the purchase of a 1.75 GW renewable energy portfolio from Mytrah Energy in August 2022.
Are you looking for a platform that gives you reliable, high-quality, and timely project insights for the latest green hydrogen (H2) generation and production plant projects in the Indian region?
Discover the Global Project Tracking (GPT) platform by Blackridge Research, designed to provide you with the most recent updates regarding Green Hydrogen (H2) Generation/Production Plant Projects in the India and faster across various stages of development:
The user-friendly interface helps you obtain early-stage awareness of projects and find the right business opportunity quickly.
With its user-friendly interface, this platform empowers you to gain early-stage awareness of projects and swiftly identify the right business opportunities.
Each project will have all the essential details, such as scope, capacity, CapEx, status, project description, companies involved, funding information, location, periodic updates, important event dates like construction start dates, commissioning dates, and key contact information of project owners and stakeholders.
The database is a vital resource for a wide range of entities, including energy companies, EPC companies, facility operation and maintenance (O&M) companies, consulting and advisory firms, investors, energy investment firms, project finance agencies, research and development organizations, regulatory bodies, and law firms.
Technology and Equipment Suppliers, Logistics and Marine Services Providers, Finance and Investment Firms, Regulatory Bodies and Government Authorities, Local Contractors and Service Providers, and Insurance and Risk Management Firms
Book a Free demo to learn more about the Green Hydrogen (H2) Generation/Production Plant Projects and Tenders database and how we can help you achieve your goal