JSW Energy Subsidiary Secures Turbine Generator Supply Contract for 1,600 MW Salboni Thermal Project

JSW Energy Limited's wholly owned subsidiary has secured a major equipment supply contract for its upcoming thermal power project in West Bengal. JSW Thermal Energy Limited entered into an agreement with associate company Toshiba JSW Power Systems Private Limited on January 15, 2026, for the procurement of turbine generators for the 1,600 MW Salboni thermal project.

Contract Details and Strategic Benefits

The supply contract covers two steam turbine generators of 800 MW each, designed to support the construction schedule of the Salboni thermal project. The company disclosed this development under Regulation 30 of SEBI's listing obligations.

Parameter:	Details
Total Capacity:	1,600 MW
Generator Configuration:	Two units of 800 MW each
Project Location:	Salboni, West Bengal
Supplier:	Toshiba JSW Power Systems Private Limited
Contract Date:	January 15, 2026

By sourcing equipment through an associate company, JSW Energy aims to enhance supply-chain certainty, improve coordination during project execution, and mitigate risks arising from industry-wide equipment shortages.

Thermal Capacity Expansion Strategy

The Salboni project represents a significant addition to JSW Energy's thermal portfolio. The company currently owns and operates 5,658 MW of thermal generation capacity, fueled by a mix of imported and domestic coal.

Capacity Type:	Current (MW)	Under Construction (MW)	Future Total (MW)
Operational Thermal:	5,658	-	5,658
Salboni Project:	-	1,600	1,600
KSK Mahanadi (Option):	-	1,800	1,800
Total Thermal Capacity:	5,658	3,400	9,058

The expanded thermal capacity of 9,058 MW would represent approximately 30% of the company's total locked-in capacity of 30.5 GW, demonstrating the balanced role of thermal power within its generation portfolio.

Leadership Perspective on Strategic Partnership

Sharad Mahendra, Joint Managing Director and CEO of JSW Energy, emphasized the strategic importance of the partnership with Toshiba JSW. He highlighted that the long-standing association with Toshiba, established in 2008, is built on shared values of excellence, innovation, and commitment to long-term value creation.

Mahendra noted that the Salboni Power Project underscores the company's commitment to supporting India's energy security by adding reliable baseload capacity that complements the country's expanding renewable footprint. He stated that thermal power will continue to play a vital role in grid stability and system resilience as India advances toward its energy transition goals.

Overall Generation Portfolio and Future Targets

JSW Energy has established a comprehensive generation portfolio with total locked-in capacity of 30.5 GW. The portfolio breakdown includes:

Operational capacity: 13.3 GW
Under construction: 12.4 GW across thermal and renewable projects
Under acquisition: 150 MW hydro capacity
Pipeline projects: 4.6 GW

The company also maintains 29.4 GWh of locked-in energy storage capacity through hydro pumped storage projects of 26.4 GWh and battery energy storage systems of 3.0 GWh. JSW Energy targets reaching 30 GW generation capacity and 40 GWh of energy storage capacity by FY 2030, with an ultimate goal of achieving carbon neutrality by 2050.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.10%	-3.92%	+2.58%	-5.55%	-4.46%	+575.75%

JSW Energy has announced a significant development in its thermal power expansion through a turbine generator supply contract for its 1,600 MW Salboni project. JSW Thermal Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has entered into a supply contract with associate company Toshiba JSW Power Systems Private Limited for the procurement of critical equipment for the Salboni thermal project in West Bengal.

Contract Details and Strategic Partnership

The supply agreement covers two steam turbine generators, each with a capacity of 800 MW, forming the core equipment for the 1,600 MW Salboni thermal project. The following table outlines the key contract parameters:

Parameter:	Details
Equipment Type:	Steam Turbine Generators
Unit Capacity:	800 MW each
Total Units:	2
Total Project Capacity:	1,600 MW
Location:	Salboni, West Bengal
Supplier:	Toshiba JSW Power Systems Private Limited

The turbine-generator package will be manufactured and supplied according to the project's construction schedule, supporting timely completion and commissioning of the plant. By sourcing key equipment through an associate company, JSW Energy aims to enhance supply-chain certainty, improve coordination during execution, and reduce risks arising from industry-wide equipment shortages.

Thermal Capacity Expansion Strategy

JSW Energy's thermal power portfolio demonstrates significant growth trajectory. The company currently owns and operates 5,658 MW of thermal generation capacity, fueled by a mix of imported and domestic coal. With the 1,600 MW Salboni project under construction and an option to add 1,800 MW at KSK Mahanadi, the company's total thermal capacity is expected to increase substantially.

Capacity Category:	Current (MW)	Planned Addition (MW)	Total Expected (MW)
Operational Thermal:	5,658	-	5,658
Salboni Project:	-	1,600	1,600
KSK Mahanadi Option:	-	1,800	1,800
Total Thermal Capacity:	5,658	3,400	9,058

The expanded thermal capacity of 9,058 MW would represent approximately 30% of the company's total locked-in capacity of 30.5 GW, underscoring the balanced role of thermal power within its overall generation portfolio.

Leadership Perspective on Strategic Value

Sharad Mahendra, Joint Managing Director and CEO of JSW Energy, emphasized the strategic importance of the partnership: "The turbine generator supply contract with Toshiba JSW is a strategic step in strengthening supply-chain control and ensuring execution certainty for our Salboni Thermal Project. Our long-standing association with Toshiba, forged in 2008, is built on shared values of excellence, innovation, and a commitment to long-term value creation."

Mahendra further highlighted the project's contribution to India's energy security, stating that the Salboni Power Project underscores the company's commitment to supporting India's energy security by adding reliable baseload capacity that complements the country's expanding renewable footprint.

Company's Overall Generation Portfolio

JSW Energy has established a comprehensive generation portfolio with total locked-in capacity of 30.5 GW. The capacity breakdown includes:

Operational capacity: 13.3 GW
Under-construction projects: 12.4 GW across thermal and renewable
Under-acquisition hydro: 150 MW
Pipeline projects: 4.6 GW

The company also maintains 29.4 GWh of locked-in energy storage capacity through hydro pumped storage projects of 26.4 GWh and battery energy storage systems of 3.0 GWh. JSW Energy aims to reach 30 GW generation capacity and 40 GWh of energy storage capacity by FY 2030, with a target to achieve carbon neutrality by 2050.