During an investor call, the company’s Joint Managing Director and CEO, Sharad Mahendra, said that trial runs for its green hydrogen project at Vijayanagar—with a capacity of 3,800 tonnes per annum (TPA)—are nearing completion, with commissioning expected shortly.
The Pune facility will play a key role in supporting the deployment of Battery Energy Storage Systems (BESS) and in helping the company meet domestic content requirements as and when mandated. The unit is expected to enhance JSW Energy’s ability to integrate storage solutions across its renewable portfolio and strengthen grid reliability.
In the recent quarter (July–September), JSW Energy reported consolidated revenues of ₹5,361 crore, up 59% year‑on‑year from ₹3,459 crore in the same period last year. However, consolidated net profit fell to ₹705 crore, down more than 17 % from ₹853 crore in the corresponding quarter of the previous year.
Currently, JSW Energy has a locked‑in storage capacity of 29.4 GWh, with storage agreements signed for 25.2 GWh. The company has set an ambitious goal to reach 30 GW of generation capacity and 40 GWh of storage by 2030, positioning itself as a leader in integrated clean‑energy solutions.
The Pune battery assembly unit underscores JSW Energy’s focus on indigenising energy‑storage infrastructure and reducing import dependence. Establishing the facility within Maharashtra’s industrial ecosystem will enable the company to localise manufacturing, optimise logistics, and align with India’s self‑reliance mission under Atmanirbhar Bharat.
Beyond batteries, JSW Energy’s green hydrogen project at Vijayanagar reflects its multi‑pronged clean‑energy strategy, encompassing generation, storage, hydrogen, and grid services. Together, these initiatives mark a major step toward building a resilient and decarbonised energy system for India’s future.
Source:
https://economictimes.indiatimes.com/industry/renewables/jsw-energy-looks-to-operationalise-5-gwh-battery-assembly-unit-in-pune-in-3rd-quarter/articleshow/124822659.cms?from=mdr