JSW Energy stock gains as arm signs PPA for 1,600 MW thermal project in West BengalJSW Energy stock gains as arm signs PPA for 1,600 MW thermal project in West Bengal

Introduction

Leading energy company signed a 1,600 MW PPA with West Bengal DISCOM for a super/ultra-super critical thermal power plant, expanding its total locked-in thermal capacity.

Also Read: HPCL secures 10-year LNG supply from Abu Dhabi Gas Liquefaction for Chhara terminal in Gujarat

Share price movement of JSW Energy

On January 21, 2026, JSW Energy Ltd opened at ₹478.05, down 0.37% from its previous close of ₹479.70. The stock reached a high of ₹480.15 (0.13%) and a low of ₹471.90 (1.61%). By 10:55 AM, it traded at ₹472.95 with a market cap of ₹82,634.49 crore.

JSW Energy Signs 1,600 MW PPA

JSW Thermal Energy Two Limited, a subsidiary of JSW Energy Ltd, signed a Power Purchase Agreement with West Bengal DISCOM for a 1,600 MW thermal power plant in Salboni.

The new plant will consist of 2 × 800 MW super/ultra-super critical units and is scheduled for commissioning within six years under a competitive bidding process by WBSEDCL.

The project will use domestic coal allocated to West Bengal under the SHAKTI B (iv) policy. This is the second PPA signed by JSW Energy with WBSEDCL after March 2025.

JSW Energy currently operates 5,658 MW of thermal capacity, with 3,200 MW under construction at Salboni. Total locked-in generation capacity is 32.1 GW, including thermal, renewable, and hydro, aiming for 30 GW by 2030.

Stock performance of JSW Energy for Period of 1 week, 6 months, and 1 year

JSW Energy Ltd delivered a -3.05% return over the past week, and it declined by -10.0% in the past 6 months. The stock fell 17.3% over the past 1 year.

Also Read: Waaree Energies secures massive 2,000 MW US solar order alongside 210 MW domestic deal

Shareholding pattern of JSW Energy

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	69.30%	69%	69.30%
FII	9.50%	12.10%	12.40%
DII	14.40%	11.60%	11.40%
Public	6.70%	7.00%	6.80%
Others	0.10%	0.10%	0.20%

About JSW Energy

JSW Energy Ltd (NSE: JSWENERGY) is a leading private power producer in India with 13.3 GW capacity, diversified assets, and projects expanding towards 30 GW by 2030.

Stay Ahead with the Latest Stock Market Updates – Click Here

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs