JSW Energy has set an ambitious target for a 50% reduction in its carbon footprint by 2030 and achieving Carbon Neutrality by 2050 by transitioning towards renewable energy. The company has set a target to reach 20 GW capacity by 2030, with the share of renewable energy increasing to 85%. JSW Neo Energy is a vehicle formed as a part of re-organisation of business to own all the renewable/green power generating assets.