JSW Energy arm synchronizes Utkal Thermal Power Plant Unit-2 of 350 MW in Odisha

JSW Energy (Utkal) Limited, a subsidiary of JSW Energy Limited has successfully synchronized Unit-2 (350 MW) of Utkal Thermal Power Plant (formerly known as Ind-Barath) located in Jharsuguda district of Odisha.

Following the acquisition of the plant under NCLT proceedings in December 2022, JSW Energy has fully revived and synchronized the entire 700 MW (2x350 MW) capacity at the Utkal Thermal Power Plant in approximately 24 months.

The plant runs on domestic coal and currently is not tied up under a long-term power purchase agreement. The unit comes online at a critical juncture of high demand growth and will support the nation’s increasing base load demand and help support the energy security needs.

This will help the company to further diversify its fuel mix, geographical spread and off take arrangements. The company’s locked-in thermal capacity stands at 7,458 MW and with the commissioning of Unit-2 (350 MW) the operating thermal capacity will increase to 3,858 MW.

The company’s total locked-in generation capacity stands at 28.2 GW. This positions JSW Energy to achieve its target of 20 GW significantly before 2030 and is committed to a net zero target by 2050.