JSW Energy on Track for 15 GW Capacity by FY26, Eyes ₹10,000 Crore Fundraise

• JSW Energy aims to achieve nearly 15 GW operating capacity by March 2026, up from 13.4 GW in Q3 FY25.
• The company reported a 2.5-fold increase in net profit to ₹420 crore in Q3 FY26, driven by higher power generation.
• JSW Energy holds over ₹7,000 crore in free cash and has shareholder approval to raise up to ₹10,000 crore if needed for project commissioning.
• Despite subdued power demand in Q3 FY26 due to weather, JSW Energy's power sales grew by 65%, with strong EBITDA growth.
• The company's merchant capacity will reduce from 8% to 5% by April 2026 as the Utkal plant comes under PPA.

Why It Matters: JSW Energy is aggressively expanding its capacity to 15 GW by FY26, backed by strong financials and potential fundraise.