JSW Energy has commissioned announced today,the first unit of its Himachal-based Kutehr Hydro Plant. This is a significant milestone for the company and contributed to the positive movement in the share price, with the stock advancing approximately 3.7% after the news.
The plant is situated in Chamba district of Himachal Pradesh. The project has commenced power dispatch to the Haryana Power Purchase Centre. With this capacity addition, the installed hydro capacity stands at 1,471 MW, solar at 2,157 MW, Wind at 3,562 MW, taking the share of renewables to 56%.Sharad Mahendra, Joint Managing Director and CEO of JSW Energy We are proud to inform the commissioning of the Kutehr Hydroelectric Power Plant, one of the fastest built greenfield hydro project to be completed in India.
On Thursday, July 31, JSW Energy reported a strong financial performance in the June quarter of FY26, with its consolidated net profit rising 42.43% year-on-year to ₹743.12 crore. The company’s revenue from operations surged 78.62% YoY to ₹5,143.37 crore, led by significant growth across its thermal and renewables segments. Thermal revenue jumped 89.15% YoY to ₹3,621.78 crore, while revenue from renewables increased 63.77% YoY to ₹1,491.82 crore. Revenue from unallocated operations, however, declined by 44.60% YoY to ₹29.77 crore.
