JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has successfully commissioned the full 150 MW capacity of Tidong Power Generation Private Limited (“Tidong Power”), a run-of-river hydroelectric power plant in the Tidong Valley situated in Kinnaur district of Himachal Pradesh. The project has been commissioned ahead of the previously guided timeline of October 2026, reflecting the Company’s execution capabilities. Tidong Power (150 MW) has a long-term Power Purchase Agreement with Uttar Pradesh Power Corporation Ltd to procure 75 MW power during the months of May to October at a tariff of ₹5.57/KWh.
Tidong Power is the Company’s fourth hydro asset in Himachal Pradesh and a strategic addition to its hydro portfolio, further reinforcing its position as India’s largest private hydropower player. With the project now fully commissioned, it is expected to be earnings-accretive in FY27, supported by its remunerative tariff and its ability to capitalise on the ongoing hydro season. In addition, its proximity to the Karcham Wangtoo plant will enable robust operational synergies.
With this commissioning, the Company’s total installed capacity added in Q1 FY27 (to date) stands at ~445 MW (225 MW wind, 70 MW solar and 150 MW hydro), taking total installed capacity to ~13,900 MW.
Mr. Sharad Mahendra, Joint Managing Director and CEO of JSW Energy “The commissioning of Tidong ahead of schedule reflects the depth of our execution capabilities and our continued focus on building a high-quality, diversified generation portfolio. As India’s largest private hydropower player, we see hydro as a critical enabler of grid stability and round-the-clock clean power. Tidong strengthens our presence in Himachal Pradesh and, with its proximity to Karcham Wangtoo, unlocks meaningful operational synergies. This addition takes us another step closer to our 2030 growth targets while reaffirming our commitment to delivering sustainable, long-term value for all stakeholders”
JSW Energy has total locked-in generation capacity of 32.1 GW comprising of 13.9 GW operational, 13.6 GW under-construction across thermal, hydro and renewable, and has a pipeline of 4.6 GW. The company also has 29.6 GWh of locked-in energy storage capacity through hydro pumped storage projects of 26.4 GWh and battery energy storage system of 3.2 GWh. The Company aims to reach 30 GW generation capacity and 40 GWh of energy storage capacity by 2030 and achieve Carbon Neutrality by 2050.
