JSW Energy's arm won an order from NTPC to set up 700 MW ISTS-connected solar power project.

"JSW Neo Energy Limited has received Letter of Award (LoA) for setting up 700 MW ISTS connected solar power project from NTPC Limited against tariff based competitive bid invited for setting 1,500 MW ISTS-connected solar power projects (NTPC-ISTS-II)," the company said in its exchange filing.

The company's total locked-in generation capacity now increases to 13.3 GW of which 3.1 GW comprises of solar power. The current installed generation capacity is 7.2 GW and expects to have 9.8 GW of installed capacity by CY24.

JSW Energy has total locked-in generation capacity of 13.3 GW comprising of 7.2 GW operational, 2.6 GW under-construction across wind, thermal and hydro and LoA/LoIs for 3.4 GW capacity from SECI (Solar Tranche XIII and Wind Tranche XVI), SJVN, GUVNL and NTPC.