JSW Energy Signs PPA with GUVNL for 192 MW Wind-Solar Hybrid Capacity
JSW Renew Energy Seventeen, a subsidiary of JSW Energy, has signed a PPA with GUVNL for STU-connected 192 MW wind-solar hybrid capacity for 25 years at a tariff of INR 3.27/kWh.
October 17, 2024. By Mrinmoy Dey
The PPA is signed for the supply of power for a period of 25 years with a tariff of INR 3.27/kWh. The project is expected to be commissioned within 24 months and will be connected to the STU in Gujarat. The company currently has a project pipeline capacity of 8.3 GW with PPA signed for 3.2 GW.
JSW Energy has a total locked-in generation capacity of 18.2 GW comprising 7.7 GW operational, 2.1 GW under-construction across wind, thermal and hydro and an RE pipeline of 8.3 GW. 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.
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