JSW Energy has successfully commissioned its 150 MW Tidong Hydro Project in Himachal Pradesh. This marks a significant addition to the company’s renewable portfolio, ahead of its previously guided timeline. The project is expected to be earnings-accretive and enhances JSW Energy’s position as India’s largest private hydropower player, bringing its total installed capacity to approximately 13,900 MW.
Tidong Hydro Project Operational
JSW Energy Limited announced the successful commissioning of the 150 MW Tidong Hydro Project, located in the Kinnaur district of Himachal Pradesh. This run-of-river hydroelectric power plant is a significant development for the company, being its fourth hydro asset in the state. The project’s commissioning was achieved ahead of its original target of October 2026, showcasing JSW Energy’s robust execution capabilities.
Expanded Capacity and Market Position
The addition of the 150 MW Tidong Power project brings JSW Energy’s total installed capacity to approximately 13,900 MW. The company expects this new asset to be earnings-accretive starting in FY27, benefiting from its remunerative tariff and the ongoing hydro season. Furthermore, its proximity to the Karcham Wangtoo plant is anticipated to create substantial operational synergies.
Contribution to Renewable Portfolio
As India’s largest private hydropower player, JSW Energy views this commissioning as a strategic enhancement to its hydro portfolio, reinforcing its commitment to clean and stable energy generation. The company’s total installed capacity added in the first quarter of FY27 (to date) now stands at approximately 445 MW, comprising wind, solar, and hydro capacities.
Future Growth and Targets
JSW Energy has a comprehensive growth pipeline, with a total locked-in generation capacity of 32.1 GW, including 13.9 GW operational and 13.6 GW under construction. The company aims to reach 30 GW of generation capacity and 40 GWh of energy storage capacity by 2030, with an ambition to achieve Carbon Neutrality by 2050. The company also has a significant energy storage capacity of 29.6 GWh.
Source: BSE
