JSW Energy and SJVN Sign PPA for 700 MW of ISTS-Connected Solar Capacity
The Company aims to reach 20 GW generation capacity and 40 GWh of energy storage.
July 01, 2024. By News Bureau
The total locked-in capacity of the company stands at 13.9 GW. The PPA is signed for supply of power for a period of 25 years with a tariff of INR 2.52/KWh. JSW Energy has total locked-in generation capacity of 13.9 GW comprising of 7.3 GW operational, 2.6 GW under-construction across wind, thermal and hydro and RE pipeline of 4.0 GW (PPAs signed for 2.0 GW).
The company also has 3.4 GWh of locked-in energy storage capacity through battery energy storage system and hydro pumped storage project. JSW Energy intends to reach 20 GW of generation capacity and 40 GWh of energy storage capacity by 2030 and has set an ambitious objective of becoming carbon neutral by 2050.
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