JSW Energy is soon expected to announce its first green hydrogen project. The company announced that targets to reach 20 Gw of power generation capacity by 2030, with about 85% of this capacity via renewable energy.
JSW in July last year announced entering into a framework agreement with Australian Fortescue Future Industries to collaborate on green hydrogen production.
The company’s board approved re-organisation of the company’s renewable and thermal businesses. All the upcoming renewable energy businesses will be housed under JSW Energy Neo Ltd, a wholly owned subsidiary of the company.
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