JSW Neo Energy Limited (“JSW Neo”), a wholly owned subsidiary of JSW Energy Limited (“the Company”), 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 said: "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"