JSW Energy Limited has successfully commissioned the 150 MW Tidong Hydro Project in the Kinnaur district of Himachal Pradesh, increasing its total installed capacity to approximately 13,900 MW. The project, executed by subsidiary JSW Neo Energy Limited, was completed ahead of the previously guided timeline of October 2026. This addition is expected to be earnings-accretive in FY27, supported by a remunerative tariff and the ongoing hydro season.

The Tidong Power project is a run-of-river hydro-electric power plant and marks the company's fourth hydro asset in Himachal Pradesh. It features a long-term Power Purchase Agreement with Uttar Pradesh Power Corporation Ltd for 75 MW of power procurement between May and October at a tariff of ₹5.57/KWh. The plant's proximity to the existing Karcham Wangtoo plant is anticipated to generate operational synergies.

With this commissioning, the total installed capacity added by the company in Q1 FY27 stands at approximately 445 MW. This includes 225 MW of wind, 70 MW of solar, and the newly commissioned 150 MW of hydro capacity. The development reinforces JSW Energy's position as India's largest private hydropower player.

Capacity Overview

The company's total locked-in generation capacity now stands at 32.1 GW. This comprises 13.9 GW of operational capacity and 13.6 GW under construction across thermal, hydro, and renewable sectors. Additionally, JSW Energy has a pipeline of 4.6 GW and 29.6 GWh of locked-in energy storage capacity, which includes 26.4 GWh from hydro pumped storage projects and 3.2 GWh from battery energy storage systems.

Strategic Targets

JSW Energy aims to reach 30 GW of generation capacity and 40 GWh of energy storage capacity by 2030. The company has also set a target to achieve Carbon Neutrality by 2050. Sharad Mahendra, Joint Managing Director and CEO, highlighted that the commissioning reflects the company's execution capabilities and focus on a diversified generation portfolio.

JSW Energy Limited will hold its 32nd Annual General Meeting on Thursday, July 9, 2026, through Video Conferencing and Other Audio Visual Means. The meeting is scheduled to commence at 11:00 a.m. pursuant to the provisions of the Companies Act, 2013 and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company has fixed Friday, June 5, 2026, as the record date to determine the eligibility of members for dividend, if declared by the shareholders at the AGM. Consequently, the Register of Members and Share Transfer Books will remain closed from Saturday, June 6, 2026, to Friday, June 12, 2026, both days inclusive.

Dividend on equity shares, if declared, will be paid on or before Friday, August 7, 2026. In accordance with the Listing Regulations, payment of dividend shall be made only through electronic mode to the members.

The Notice of the AGM and the Integrated Annual Report for the Financial Year 2025-26 will be sent to members whose email addresses are registered with the depositories or the company. These documents will also be available on the company’s website and the websites of BSE Limited and National Stock Exchange of India Limited.

Members holding shares in demat form must contact their Depository Participants to update email addresses and bank details. Those holding shares in physical form may submit Form ISR - 1 to the registrar, Kfint Technologies Limited, to update their contact information.