Business EconomyPosted at: Apr 21 2025 6:56PM


JSW Energy breaks ground on 1600 MW ultra supercritical thermal power plant at Salboni in Bengal

Kolkata, Apr 21 (UNI) JSW Energy Limited, a leading private-sector power producer in India and a part of the $24 Billion JSW Group, on Monday commenced construction of its state-of-the-art 1,600 MW (2x800 MW) ultra supercritical thermal power plant in Salboni, West Bengal.

The groundbreaking ceremony was graced by the Chief Minister Mamata Banerjee, along with JSW Group Chairman Sajjan Jindal, JSW Foundation Chairperson Sangita Jindal, and Parth Jindal of the JSW Group, as well as other dignitaries from the government.

This ₹16,000 crore project is Company’s largest greenfield project till date. The plant is tied up under a 25-year Power Purchase Agreement (PPA) with the West Bengal State Electricity Distribution Company Limited (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 Salboni project is a cornerstone in JSW Energy's East India expansion strategy, aiming to bolster the region's industrial infrastructure and create substantial employment opportunities. The project is expected to generate thousands of direct and indirect jobs, focusing on skill development and local sourcing to uplift the Salboni region and its surroundings.

Sajjan Jindal, Chairman of JSW Group, said, “It is always a pleasure to return to Salboni – the place which marked the beginning of our journey in West Bengal. This journey would not have been possible without the inspiring leadership of honorable Chief Minister Mamata Didi and the valuable guidance and support of the state government. Her vision for Bengal and belief in its people continue to inspire us to invest and grow in the state.
“The upcoming 1600 MW Ultra supercritical thermal power plant of JSW Energy is the largest greenfield plant of our Group and the biggest thermal power project by the private sector in the state of West Bengal. We are going to invest Rs 16,000 crore in this project and it will generate opportunities for more than 2000 jobs in direct and indirect employment. We are also setting up a JSW Industrial Park here in Salboni spread over 2000 acres, with a plug-&-play infrastructure in keeping with the latest urban planning principles. The industrial park will be a game changer in the industrial and economic growth in the state as well as the eastern region of our country.”
JSW Energy continues to focus on sustainable growth, maintaining a 'Leadership Band (A-)' rating in CDP Climate Change for the third consecutive year—the highest rating in India’s power sector. The company is also investing in green hydrogen and energy storage solutions for nation’s reliable and affordable energy.

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.

UNI SJC
Please log in to get detailed story.
Tags: #JSW Energy breaks ground on 1600 MW ultra supercritical thermal power plant at Salboni in Bengal
More News
UST, T-Works sign MoU to accelerate Industry 4 0 solutions for semiconductor, AI sectors

UST, T-Works sign MoU to accelerate Industry 4 0 solutions for semiconductor, AI sectors

22 May 2025 | 8:43 AM

Thiruvananthapuram, May 22 (UNI) UST, a leading digital transformation solutions company, has signed a Memorandum of Understanding (MoU) with T-Works, India’s largest prototyping center, established by the Government of Telangana, to accelerate product innovation in the manufacturing and engineering sectors.

see more..

CIHL receives RBI approval for sale and change in control of CIFL's stake

22 May 2025 | 12:38 AM

Mumbai, May 21 ( UNI) Capital India Finance Limited, a Middle Layer Non-Banking Financial Company (NBFC), announce that its material subsidiary, Capital India Home Loans Ltd. has received approval from Reserve Bank of India for its acquisition and change in control to Weaver Services Pvt. Ltd.

see more..

LinkedIn launches AI-powered job search

21 May 2025 | 5:26 PM

Bengaluru, May 21 (UNI) In a move aimed at transforming the way professionals search for jobs, LinkedIn on Wednesday launched an AI-powered job discovery feature to help users articulate their career aspirations in their own words—even if they are unsure of job titles or industry classifications.

see more..

Rupee drops 8 paise against USD

21 May 2025 | 5:19 PM

Mumbai, May 21 (UNI)The Rupee on Wednesday lost another 8 paise to close at 85.68 against USD on brisk demand for US Dollar from foreign banks and importers, dealers at the Forex Market said.

see more..

Kottayam-Kochi rubber market rates

21 May 2025 | 4:37 PM

Kottayam, May 21(UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal
Kottayam
RSS FOUR: 19650
RSS FIVE : 19350
ISNR TWENTY: 17200
SIXTY PERCENT LATEX: 14475
Kochi

RSS FOUR : 19650
RSS FIVE : 19350
International rates (Bangkok)
RSS One : 20039
RSS Two : 19884
RSS Three: 19743
RSS Four : 19665
RSS Five : 19549
Kualalumpur
SMR TWENTY : 15207($177.95)
SIXTY PERCENT LATEX : 12551($146.85)
UNI PA BD.

see more..