JSW Energy

1. JSW Energy Emerging as an Integrated Energy Player JSW Energy Limited (JSWEL), the energy arm of the JSW Group, is one of the leading private players in the power sector. Established in 1994, the company has projects across the generation, transmission, manufacturing and trading segments. It recently incorporated its wholly owned subsidiary, JSW Solar Limited, to pursue projects in renewable energy, energy storage solutions, microgrids, etc. The move is expected to help the company establish a strong foothold in the renewable energy space and acquire a sizeable share of the market. Equipment manufacturing is another area in which the company is actively involved. In 2008, JSWEL and JSW Steel Limited entered into a JV agreement with Japan’s Toshiba Corporation to form Toshiba JSW Power System Private Limited. JSWEL holds a 25 per cent stake in the JV, which manufactures supercritical steam turbines, generators, auxiliaries, and control and instrument systems for TPPs. The JV has set up a manufacturing facility at Ennore, Chennai with a production capacity of 3,000 MW and has been supplying equipment to several power plants in the country. The company has undertaken the supply and installation of three supercritical steam turbines and generators with a capacity of 800 MW each for the Kudgi superthermal power plant in Karnataka, and the supply and installation of two 80

2. MW supercritical steam turbines and generators for the Darlipalli project in Odisha, both awarded by NTPC Limited. The company also provides engineering and design, procurement, construction and commissioning and service solutions to power plants. In addition, JSWEL holds a majority stake in Barmer Lignite Mining Company Limited (BLMCL) and South African Coal Mining Holdings Limited. BLMCL is a JV of Raj WestPower Limited, a subsidiary of JSWEL and Rajasthan State Mines and Minerals Limited in a 49:51 shareholding pattern. The JV was formed for the development of the Kapurdi and Jalipa mines, of which the latter is still under development. Going forward, JSWEL is looking to enter the power distribution business, expand generation capacity through non-conventional energy sources and enter into partnerships with equipment manufacturers and suppliers, to develop a full-service integrated energy storage solutions business. Given the company’s plans and progress, it is expected to maintain its strong foothold in the industry in the years to come. To read the full story, visit: https://renewablewatch.in/2018/02/26/jsw-energy/