JSW Renew Energy (Raj) Limited, a wholly-owned stepdown subsidiary of JSW Energy Limited, has signed power purchase agreement (PPA) with SJVN Limited for inter state transmission system-connected solar capacity of 700 MW.
The PPA is signed for supply of power for a period of 25 years with a tariff of Rs 2.52 per kWh. The project is located in Rajasthan and is expected to be commissioned in next 24 months. This will take the total locked-in solar capacity of the company to 3.5 GW.
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