JSW Energy, a leading player in India’s power sector, has set its sights on a transformative growth trajectory by aiming to expand its power generation capacity to 20 gigawatts (GW) by April 2030. The move marks a significant step in aligning with India’s decarbonisation roadmap, while also securing a coveted position on the FTSE4Good Index—a globally recognised benchmark for companies demonstrating strong environmental, social, and governance (ESG) performance.
Currently operating with a total installed capacity of 6,677 megawatts (MW), JSW Energy maintains a balanced portfolio that includes both renewable and thermal assets. Officials noted that nearly half of its current output is derived from thermal sources, supported by major facilities in Ratnagiri, Barmer, and Vijayanagar. The company’s power transmission and trading arms also continue to play a key role in facilitating supply and demand management across states. By aspiring to achieve a capacity expansion of over 13 GW within the next five years, the company is placing considerable emphasis on renewable energy assets. Its strategic focus remains firmly on scaling up solar, wind, and hydroelectric projects, thereby reducing its carbon footprint and enhancing operational sustainability.
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In a notable development for responsible investors, JSW Energy has recently been included in the FTSE4Good Index Series, administered by FTSE Russell. This listing reflects the company’s ongoing commitment to sustainability, governance transparency, and ethical operations. The index is widely followed by global institutional investors to assess ESG-compliant portfolios, making the inclusion a strong endorsement of JSW Energy’s long-term green agenda. Experts tracking the energy sector suggest that JSW’s accelerated push into renewables is in line with India’s national climate goals and energy transition priorities. The government’s emphasis on green infrastructure and private sector-led growth in the clean energy domain further creates a conducive environment for companies like JSW Energy to scale up.
While the company continues to retain thermal assets as part of its transitional strategy, internal plans indicate a declining share of coal-based generation over the coming decade. The dual approach—of leveraging legacy assets while building out renewables—is seen as a prudent risk-balanced strategy during the industry’s pivot to clean energy. Founded in 1994, JSW Energy has grown from a conventional power generator to a diversified energy enterprise with interests in India and abroad, including South Africa. Its journey towards a 20 GW capacity is not only a marker of corporate ambition but also a reflection of broader shifts within the Indian energy landscape. With its inclusion in the FTSE4Good index and its bold capacity targets, JSW Energy is signalling both to investors and citizens that sustainable growth and responsible business practices can indeed go hand in hand.
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