JSW Energy, is one of the leading power generation companies in India has stated that Central Electricity Authority (CEA) has approved the uprating of its Karcham Wangtoo hydro power plant to 1,091 megawatt (MW) from 1,000 MW. This capacity uprating has been done by 9% to 1,091 MW without any additional capital expenditure, and is a significant boost to the earnings potential of this key asset of JSW Energy.
"The Central Electricity Authority (CEA) has permitted uprating of the Karcham Wangtoo Hydro Electric Power Plant owned by JSW Hydro Energy (100% subsidiary of JSW Energy) from 1,000 MW to 1,091 MW in a phased manner i.e. 1,000 MW to 1,045 MW in the first phase for two monsoon seasons in CY 2021 and CY 2022, and to 1,091 MW thereafter," the company said on Friday.
Shares of the company gained Rs 0.3, or 0.27%, to settle at Rs 109.60. The total volume of shares traded was 1,573,514 at the BSE (Friday).