JSW Energy Inks PPA for 700 MW Solar Project with SECI
JSW Renew Energy Eleven, a step-down subsidiary of JSW Energy, has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Ltd. (SECI) for 700 MW of ISTS-connected solar capacity, under SECI Tranche XIII.
October 24, 2024. By Mrinmoy Dey
In a regulatory filing, the company has informed that the PPA is signed for the supply of power for a period of 25 years with a tariff of INR 2.56/kWh. The aforesaid project is expected to be commissioned within 24 months.
JSW Energy aims to achieve 10 GW operational capacity by FY 2025 and currently has 7.9 GW of operational capacity spread across thermal, hydro and RE. The company also has 16.2 GWh of locked-in energy storage capacity through battery energy storage systems and hydro-pumped storage projects. The Company aims to reach 20 GW generation capacity and 40 GWh of energy storage capacity before 2030. JSW Energy has set an ambitious target of achieving Carbon Neutrality by 2050.
please contact: contact@energetica-india.net.
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