JSW Energy Ltd, on April 21, 2025, commenced construction of its state-of-the-art 1,600 MW (2×800 MW) ultra supercritical thermal power plant in Salboni, West Bengal. This Rs.16,000-crore project is the company’s largest greenfield project till date.
The groundbreaking ceremony was graced by the Hon’ble Chief Minister of West Bengal, Ms. Mamata Banerjee, along with JSW Group Chairman Mr. Sajjan Jindal, JSW Foundation Chairperson Ms. Sangita Jindal, and Mr. Parth Jindal of the JSW Group, as well as other dignitaries from the government, a release from JSW Energy said. (See photograph)
The plant is tied up under a 25-year Power Purchase Agreement (PPA) with the West Bengal State Electricity Distribution Company Ltd (WBSEDCL). The plant will utilize domestic coal allocated to West Bengal under the SHAKTI B (IV) policy, ensuring energy security and supporting regional economic growth.
The company has made significant strides towards its target of 20 GW power generation capacity significantly before 2030 by securing projects and having a locked-in capacity of more than 30 GW. The company expects to reach 14 GW installed capacity by June 2025.
JSW Energy also has significant projects totaling 16.3 GWh in energy storage space including one of the India’s largest pumped hydro storage project of 12 GWh. The company is targeting 40 GWh of energy storage capacity by 2030, the release said.