Sustainability in Action: JSW Energy's Ratnagiri Transformative Projects

In the dynamic landscape of energy production, JSW Energy continues to lead the charge towards sustainability and innovation. Our commitment to environmental stewardship is not merely a corporate mandate; it is ingrained in every facet of our operations and drives our relentless pursuit of excellence.

De-staging of CEP: The destaging of our Circulating Electric Pump (CEP) exemplifies our dedication to innovation, efficiency and resource optimization. Through comprehensive analysis and restructuring of our pumping system, we have achieved significant reductions in energy consumption and operational costs, while minimizing environmental impact.

Our Outlook

India has consistently advocated for a fair and inclusive energy transition in global climate forums, underscoring the importance of balancing decarbonization efforts with the developmental and energy security needs of emerging economies. In alignment with this national priority, a reliable and uninterrupted power supply remains essential to support the country’s infrastructure and growth initiatives.

Given this context, JSW Energy acknowledges that an immediate cessation of fossil-based projects is not practical as the demand of power cannot simply be met by renewable sources as on date. These thermal assets continue to provide critical baseload power and contribute to broader societal objectives such as employment generation, in line with the United Nations Sustainable Development Goals (UN SDGs). However, the company anticipates a gradual phase-out of existing thermal power projects toward the end of their operational life cycle, around 2040-2045, as part of its long-term decarbonization pathway.

JSW Energy being a responsible energy producer, is firmly committed to this transition. The company is targeting a total installed capacity of 30 GW by FY 2030, a significant leap from 4.5 GW in 2020. As of the reporting year, the portfolio comprises approximately 48% renewable energy and 52% thermal. By FY 2030, the locked-in capacity is expected to reflect a renewable share of nearly 70%.

This transformation is underpinned by strategic diversification into emerging sectors, including energy storage solutions (battery and pumped hydro), wind turbine blade manufacturing, and green hydrogen production.JSWEL has made strategic investments in manufacturing 3,800 TPA of Green Hydrogen and is entering the wind turbine blade manufacturing business to de-risk its supply chain.

In parallel, JSW Energy is implementing measures to reduce specific fuel consumption across its thermal fleet.

The company’s commitment to achieve net-zero emissions by 2050 is anchored in its comprehensive Strategy 3.0, a structured, phased roadmap designed to guide its transition toward a low-carbon future. (Refer Integrated Annual Report FY 2024-25 Page 303)

JSW Energy targets reducing Scope 1+2 GHG emissions to 0.39 tCO₂e/MWh by 2030. JSW Energy Limited (JSWEL) recorded transmission losses of 0.65% in FY 2022-23, 0.6% in FY 2023-24, and 0.43% in FY 2024-25. The company operates two 400 kV transmission lines through its subsidiary, Jaigad Power Transco Limited (JPTL). Transmission reliability, measured by the System Average Interruption Duration Index (SAIDI), stood at 33.288 hours, 18.396 hours, and 28.908 hours for the respective fiscal years. Across its generation assets, JSWEL maintained an average plant availability factor of 83.167%, while its coal-based thermal units achieved an average generation efficiency (BTU) of 35.33%.

Electricity Generation Mix

Electricity Capacity Mix

Revenue from generation mix

Sustainable Revenues

JSW Energy is actively engaged in the generation and distribution of low-carbon electricity, contributing meaningfully to climate change mitigation and the transition toward a green economy. The company’s core business activities are centered around renewable energy generation including solar, wind, and hydroelectric power which directly align with the “substantial contribution” criteria outlined in the European Union (EU) Taxonomy.

By delivering electricity from sources that emit well below the threshold of 100 gCO₂e/kWh on a life cycle basis (0.9gCO2e/kWh for hydropower plants), JSW Energy’s operations support the decarbonization of the power sector. These revenue-generating activities not only reduce greenhouse gas emissions but also promote ecosystem preservation further reinforcing their alignment with the EU Taxonomy’s sustainability pillars.