JSW Energy signs BESPA for 500 MWh BESS project in Rajasthan
Author: PPD Team Date: July 7, 2025
Author: PPD Team Date: July 7, 2025
JSW Energy Limited has announced that its step-down subsidiary, JSW Renew Energy Thirty Seven Limited, has signed a battery energy storage purchase agreement (BESPA) with Rajasthan Rajya Vidyut Utpadan Nigam Limited.Â
The agreement covers the development of a 250 MW/500 MWh standalone battery energy storage system (BESS) project in Rajasthan.
The project will receive support through viability gap funding. The BESPA is valid for 12 years, with a contracted tariff of Rs 224,000 per MW per month.
With this project, JSW Energy’s total committed energy storage capacity has reached 29.3 GWh. This includes 2.9 GWh of BESS and 26.4 GWh of pumped hydro storage. The company is aiming to scale its total energy storage portfolio to 40 GWh by 2030.
Author: PPD Team Date: July 1, 2025 The Ministry of Power has launched a dedicated task force to design the India Energy Stack (IES), a new digital public infrastructure aimed at transforming the power sector. Announced by Hon’ble Power Minister Shri Manohar Lal Khattar, the India Energy Stack will address long-standing gaps in data fragmentation and integration across the power sector. With rising renewable energy, electric vehicles, and decentralised generation, the sector faces increasing complexity….
Author: PPD Team Date: January 8, 2025 Trina Solar has set a new world record for solar module efficiency, reaching 25.44% with its n-type, fully passivated HJT modules, certified by Fraunhofer CalLab, Reuters reported. Passivation technology improves solar cell performance by covering surface defects. Higher efficiency can reduce space and costs for solar installations. Professor Martin Green, a solar expert, noted that efficiency is essential for the future of solar technology, with costs typically decreasing…
Author: PPD Team Date: October 22, 2025 Power Grid Corporation of India Limited (POWERGRID) has expanded its interstate transmission portfolio by acquiring two special purpose vehicles (SPVs) through the tariff-based competitive bidding (TBCB) process.  POWERGRID acquired Vindhyachal Varanasi Transmission Ltd (VVTL) from PFC Consulting Ltd on October 16, 2025. The SPV, incorporated on April 17, 2025, was set up for a transmission scheme to reduce the loading on the existing 765 kV Vindhyachal–Varanasi double-circuit line….
Author: PPD Team Date: December 31, 2024 Adani Renewable Energy Forty Eight Limited and Adani Green Energy Twenty Four A Limited, wholly-owned subsidiaries of Adani Green Energy Limited (AGEL), have commenced commercial operations of a 174.9 MW wind-solar hybrid power project in Gujarat’s Khavda Renewable Energy Park on December 28, 2024. The project includes 62.4 MW wind capacity by Adani Renewable Energy Forty Eight and 112.5 MW solar capacity by Adani Green Energy Twenty Four…
Author: PPD Team Date: December 23, 2025 Exide Industries Limited has announced a leadership change and a fresh capital infusion in its wholly owned subsidiary, Exide Energy Solutions Limited, through regulatory filings dated 23 December 2025. Mandar V Deo resigned as Managing Director and Chief Executive Officer of EESL on 22 December 2025. The EESL board accepted his resignation on the same day. Exide Industries has appointed Pravin Ramchandra Saraf, Executive Director of Exide Industries,…
Author: PPD Team Date: February 10, 2026 Bajaj Electricals Limited reported a consolidated net loss of Rs 34 crore for the third quarter ended December 31, 2025, reversing a profit of Rs 33 crore recorded in the same quarter last year. The performance reflected an 18.5% year-on-year decline in revenue and the impact of exceptional charges linked to newly implemented labour codes. Revenue from operations declined to Rs 1,051 crore in Q3 FY26 from Rs…