Home / Business and Economy / JSW Doubles Salboni Power Capacity, Investing Rs 40k Crore
JSW Doubles Salboni Power Capacity, Investing Rs 40k Crore
18 Dec
Summary
- JSW Energy plans to double Salboni thermal power project capacity to 3,200 MW.
- The total investment for the expansion is expected to reach Rs 40,000 crore.
- JSW Energy has a 25-year power purchase agreement with WBSEDCL.
JSW Energy has revealed ambitious plans to expand its Salboni thermal power project in West Bengal. The company intends to double the plant's capacity to a significant 3,200 MW. This substantial undertaking represents an estimated total investment of approximately Rs 40,000 crore, positioning it as one of the most considerable private sector power investments in the state.
The initial phase of the Salboni project involves constructing a 1,600 MW ultra supercritical thermal power plant, for which environmental clearance has already been secured. This first stage alone represents an investment of about Rs 16,000 crore and is JSW Energy's largest greenfield power endeavor to date. The project is crucial for meeting West Bengal's escalating power demands.
The company has secured a 25-year power purchase agreement with the West Bengal State Electricity Distribution Company Limited (WBSEDCL) for the plant's output, utilizing domestically sourced coal. JSW Energy's strategic expansion in West Bengal aligns with its broader goal of strengthening its thermal energy portfolio and supporting regional infrastructure development.
