JSW Renew Energy Thirteen Limited, a step-down subsidiary of JSW Energy Limited has signed a 700 MW power purchase agreement (PPA) with NTPC Limited for solar energy. The solar project will be connected through the Inter-State Transmission System (ISTS) and State Transmission Utility (STU) networks. It will supply power at a tariff rate of Rs 2.59 per kWh. The PPA has been signed for a period of 25 years. The project is expected to be commissioned by June 2026.
In October 2024, JSW Energy PSP Two Limited, a subsidiary of JSW Energy, has entered into an energy storage facility agreement (ESFA) with the Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for a 1,500 MW/12,000 MWh pumped hydro energy storage project.
In July 2024, JSW Renew Energy (Raj) Limited, a wholly-owned step-down subsidiary of JSW Energy Limited, has signed power purchase agreement (PPA) with SJVN Limited for inter-state transmission system (ISTS) 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.
