Energy Stock, JSW Energy surges over 5% after securing order to develop thermal power plant in WB
With this, the company is well positioned to achieve its target of 20 GW generation capacity significantly before 2030," it said.
Energy Stock, JSW Energy surges over 5 after securing order to develop thermal power plant in WB
Power Stock, JSW Energy has received a letter of award from the West Bengal State Electricity Distribution Company Ltd to develop and operate a 1,600 MW greenfield super/ultra super critical domestic coal-based thermal power plant.
The plant will utilize the domestic linkage coal allocated to West Bengal under the SHAKTI B (iv) policy, the company said in an exchange filing. After this, JSW Energy's total locked-in generation capacity is 30 GW, including 9 GW thermal capacity.
"With this, the company is well positioned to achieve its target of 20 GW generation capacity significantly before 2030," it said.
JSW Energy shares were trading 5.5% higher at Rs 495.65 apiece on Wednesday, February 5. The stock has fallen 28.12% in the last six months.
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