BSECompany Update4h ago · 25 Sept 2026, 03:05 pm

JSW Energy secures Turbine-Generators for entire 3,200 MW Salboni Thermal Project with 1,600 MW Phase-II Order with Toshiba JSW Power Systems Private Limited ('Toshiba JSW')

JSW Energy Ltd · 533148

✦ AI Summary▲ PositiveOrder Win

JSW Energy Ltd secured turbine-generators for entire 3,200 MW Salboni Thermal Project with 1,600 MW Phase-II order with Toshiba JSW Power Systems Private Limited.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

JSW Energy Ltd - 533148 - JSW Energy Secures Turbine-Generators For Entire 3,200 MW Salboni Thermal Project With 1,600 MW Phase-II Order With Toshiba JSW Power Systems Private Limited ('Toshiba JSW')

Attachments (1)

📄

b80995f9-87e3-4ff4-ae68-b680a2693fa9.pdf

pdf

Download →
View document text
Energy Limited Regd. Office : JSW Centre Bandra Kurla Complex Bandra (East), Mumbai - 400 051 CIN: L74999MH1994PLC077041 Phone: 022 – 4286 1000 Fax: 022 – 4286 3000 Website: www.jsw.in SEC / JSWEL 25th September 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra - Kurla Complex, Bandra (East) Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 533148 Symbol: JSWENERGY- EQ Sub: JSW Energy secures Turbine-Generators for entire 3,200 MW Salboni Thermal Project with 1,600 MW Phase-II Order with Toshiba JSW Power Systems Private Limited (“Toshiba JSW”) Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Madam / Sir, This is to inform you that JSW Thermal Energy Limited, a wholly owned subsidiary of the Company, has entered into a contract with Toshiba JSW, an associate company, for procurement of two 800 MW steam turbine generators (TG) for Phase II of the Salboni Thermal Project in West Bengal. With this order, the Company has completed the placement of turbine-generator equipment orders for the entire 3,200 MW (4 x 800 MW) Salboni Thermal Power Project, following the earlier placement of orders for the Phase 1 units comprising (2 x 800 MW), as intimated on 15th January 2026. A Press Release in this regard is also attached. The above is for your information and record. Yours faithfully, For JSW Energy Limited Monica Chopra Company Secretary Part of O. P. Jindal Group Press Release September 25, 2026 JSW Energy Secures Turbine-Generators for Entire 3,200 MW Salboni Thermal Project with 1,600 MW Phase-II Order with Toshiba JSW Mumbai, India — September 25, 2026 – JSW Thermal Energy Limited (“JSW Thermal”), a wholly owned subsidiary of JSW Energy Limited (“the Company”) has entered into a contract with its associate company, Toshiba JSW Power Systems Private Ltd (“Toshiba JSW”) for the procurement of two steam turbine generators (TG) of 800 MW each for Phase 2 of its Salboni Thermal Project in West Bengal. With this order, the Company has completed the placement of turbine-generator equipment orders for the entire 3,200 MW (4 x 800 MW) Salboni Thermal Power Project (Salboni TPP), following the earlier order for Phase 1 (2 x 800 MW) units. The turbine-generator package will be manufactured and supplied in line with the project’s construction schedule, supporting timely completion and commissioning of the plant. By sourcing key equipment through an associate company, the Company aims to enhance supply- chain certainty, improve coordination during execution, and reduce risks arising from industry- wide equipment shortages. JSW Energy currently has an installed thermal generation capacity of 5,958 MW and 5,000 MW under construction capacity, comprising 3,200 MW at Salboni and 1,800 MW at JSW Mahanadi Power Company Limited (JMPCL). Mr. Sharad Mahendra, Joint Managing Director and CEO of JSW Energy “Our second turbine generator contract with Toshiba JSW fully secures the TG requirement for the entire 3,200 MW at Salboni, our largest single-location thermal asset, and keeps both phases firmly on track for timely completion at a time when critical equipment supply remains tight. This builds on our partnership with Toshiba, which dates back to 2008, and on JSW Energy's clear right to win in thermal power: proven delivery of large sized thermal projects, a healthy balance sheet, and early securing of fuel, land, and key equipment. Salboni TPP will provide reliable baseload power alongside India's renewable expansion, and it contributes directly to the nation's roadmap of adding nearly 100 GW of thermal capacity for Atmanirbhar Bharat.” JSW Energy has a total locked-in generation capacity of 32.4 GW — comprising 15.0 GW operational and 13.4 GW under construction across thermal, hydro, and renewables — along with a pipeline of 4.0 GW. Locked-in energy storage capacity stands at 29.6 GWh, comprising 26.4 GWh of pumped hydro storage and 3.2 GWh of battery energy storage — positioning the Company to supply firm, round-the-clock power as the sector shifts from energy to dispatchability. Page 1 of 2 PRESS RELEASE The Company is targeting 30 GW of generation capacity and 40 GWh of energy storage by 2030, and carbon neutrality by 2050. ABOUT JSW ENERGY: JSW Energy Ltd is one of the leading Private sector power producers in India and part of the USD 25 billion JSW Group which has significant presence in sectors such as steel, energy, infrastructure, cement, sports among others. JSW Energy Ltd has established its presence across the value chains of power sector with diversified assets in power generation, and transmission. With strong operations, robust corporate governance and prudent capital allocation strategies, JSW Energy continues to deliver sustainable growth, and create value for all stakeholders. JSW Energy began commercial operations in 2000, with the commissioning of its first 2x130 MW thermal power plants at Vijayanagar, Karnataka. Since then, the company has steadily enhanced its power generation capacity from 260 MW to 15.0 GW, ensuring diversity in geographic presence, fuel sources and power off-take arrangements. The Company is presently constructing various power projects to the tune of 13.4 GW, with a vision to achieve a total power generation capacity of 30 GW by 2030. Forward Looking and Cautionary Statements: Certain statements in this release concerning our future growth prospects are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition within Power Industry including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our internal operations, reduced demand for Power, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which JSW Energy has made strategic investments, withdrawal of fiscal governmental incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company. For more information/ queries: Investor Relations Team ir.jswenergy@jsw.in