JSW Energy has received forest clearance for its planned 240 MW hydropower project in Himachal Pradesh, making way for the company to start construction of the project. The project, being set up at an estimated cost of about . 2,000 crore, was awarded to the company in 2007 but has not taken off due to lack of clearances. This would be the maiden hydropower venture of the Sajjan Jindal-led company which has an operational capacity of 2,600 MW and aims to scale up capacity to 11,770 MW.