Aiming to keep power cost lowest in country: Prashant Jain of JSW Energy

The company, which is no longer investing in thermal power, will look at several debt funding instruments for its renewable projects

JSW Energy is targetting to keep the rate of the power sold from its units lower than its peers in order to stay ahead in the merit order dispatch. Besides, the company, which has decided to no longer invest in thermal power, will look at several debt funding instruments for its renewable energy projects in order to keep the cost low.

JSW also saw a 38 per cent reduction in its dues from the discoms during FY21. States procure power according to a merit order which is drawn based on cheapest power available.

While the cost of imported coal went