Shares of JSW Energy Ltd rose 1% to a day’s high of Rs 529.60 on 12th September after the company announced it had commissioned 317 megawatts (MW) of renewable energy capacity in August, bringing its total installed capacity to 13,097 MW.

JSW Energy added 317 MW of renewable capacity in August—240 MW hydro from the Kutehr project, 43 MW wind, and 34 MW solar. This took renewables to 57% of its 13,097 MW portfolio (3,617 MW wind, 2,192 MW solar, 1,631 MW hydro).

The company has 30.3 GW of total locked-in generation. This includes 12.7 GW under construction and 29.4 GWh of energy storage in the pipeline. It aims for 30 GW of generation, 40 GWh of storage by 2030, and carbon neutrality by 2050.

In Q1 (April–June), JSW Energy’s consolidated net profit rose 42.4% YoY to Rs 743 crore. Additionally, revenue was up 78.6% to Rs 5,143 crore. EBITDA nearly doubled to Rs 2,789 crore, and operating margin expanded to 54.2% from 49.2%.

The company commissioned 1,893 MW in the quarter, raising installed capacity to 12,768 MW—a 70% YoY jump. This included 1,343 MW from the Mytrah Energy acquisition and 550 MW of organic renewable additions.

At 1:31 PM, the shares of JSW Energy were trading 0.95% higher at Rs 526.50 on NSE.

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