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JSW signs PPA with SECI for 700 MW solar project

India, News

JSW Energy’s step-down subsidiary, JSW Renew Energy Eleven, has signed a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for a 700 MW solar capacity under SECI Tranche XIII. The PPA, with a tariff of Rs 2.56/kWh, is set for 25 years, and the project is expected to be commissioned within 24 months. JSW Energy, targeting 10 GW operational capacity by FY 2025, currently operates 7.9 GW across thermal, hydro, and renewable…

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JSW signs PPA with GUVNL for wind-solar hybrid project

India, News

JSW Renew Energy Seventeen, a subsidiary of JSW Energy, has entered into a power purchase agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 192 MW wind-solar hybrid capacity connected to the state transmission utility (STU) in Gujarat. This is the company’s first PPA for a wind-solar hybrid project, with the power set to be supplied for 25 years at a tariff of Rs 3.27 per kWh. The project is scheduled for commissioning…

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JSW, Tata Power, Avaada, Juniper win MSEDCL’s 1,650 MW wind-solar auction

India, News

Maharashtra State Electricity Distribution Company (MSEDCL) has selected JSW Neo Energy, Tata Power Renewable Energy Limited (TPREL), Avaada Energy, and Juniper Green Energy as the winners of its 1,650 MW wind-solar hybrid auction. These companies will supply power on a long-term basis from grid-connected intrastate projects. JSW Neo secured 600 MW, including 400 MW under the greenshoe option, while Tata Power won 400 MW, with 200 MW under the greenshoe option. Avaada Energy was awarded…

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JSW Renew, NTPC sign PPA for 700 MW solar project

India, News

JSW Renew Energy Thirteen Limited, a subsidiary of JSW Energy, has signed a Power Purchase Agreement (PPA) with NTPC Limited for a 700 MW solar project. The 25-year agreement sets a tariff of Rs 2.59 per kilowatt-hour (KWh) and connects the project to both the Inter-State Transmission System (ISTS) and State Transmission Utility (STU). The project is expected to be commissioned by June 2026. This agreement increases JSW Energy’s solar capacity pipeline to 3.2 GW,…

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JSW subsidiary signs pumped hydro storage deal with MSEDCL

India, News

JSW Energy PSP Two, a subsidiary of JSW Energy, has signed an energy storage facility agreement (ESFA) with Maharashtra State Electricity Distribution Company (MSEDCL) for 1,500 MW/12,000 MWh of pumped hydro energy storage. The agreement follows the letter of intent received on 01 October 2024. Under the ESFA, the company will supply energy storage capacity for 40 years and receive a fixed capacity charge of Rs 8.47 million per MW annually. The Bhavali pumped hydro…

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JSW wins 1,500 MW pumped hydro storage contract from MSEDCL

India, News

JSW Neo Energy, a subsidiary of JSW Energy, has received a letter of intent (LoI) from Maharashtra State Electricity Distribution (MSEDCL) to provide 1,500 MW/12,000 MWh of pumped hydro energy storage. The Bhavali pumped hydro project, located across Nashik and Thane districts, will feature an eight-hour discharge capacity with a maximum of five continuous hours of discharge. The energy storage capacity will be provided for 40 years. With this order, JSW Neo Energy’s total locked-in…

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JSW commissions 300 MW wind power plant in Tamil Nadu

India, News

JSW Renew Energy Two, a subsidiary of JSW Energy, has commissioned the 300 MW wind power plant at Tuticorin, Tamil Nadu. The inter-state transmission system (ISTS) project, awarded by the Solar Energy Corporation of India (SECI) under Tranche-X, is the company’s first greenfield wind power plant for SECI. An additional 150 MW of wind capacity under SECI Tranche-X, located at Dharapuram, is also nearing completion, with 138 MW already operational. With this, JSW Energy’s total…

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JSW Neo wins 600 MW wind-solar hybrid project from MSEDCL

India, News

JSW Neo Energy, a subsidiary of JSW Energy, has received a letter of award for a 600 MW wind-solar hybrid project from Maharashtra State Electricity Distribution Company (MSEDCL) under Phase IV, including an additional 400 MW through the greenshoe option. This project boosts JSW’s energy solutions portfolio and supports its transition towards becoming an energy products and services company. With this award, JSW’s total locked-in generation capacity has risen to 18.2 GW, including 3.8 GW…

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Indian metal companies race to secure renewable energy amid EU carbon regulations

India, News

Indian steel and metal companies are rushing to secure renewable energy deals to cut carbon emissions and avoid penalties under the EU’s upcoming Carbon Border Adjustment Mechanism (CBAM). This demand extends beyond large steel and aluminium companies to their suppliers, aiming to reduce emissions across their supply chains. Renewable energy providers report that demand outstrips current capacity, with new projects already sold out for the next few years. Avaada chairman Vineet Mittal indicated that due…

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Senvion secures 86.4 MW order from Continuum Green Energy in Gujarat

India, News

Senvion India has received an 86.4 MW order from Continuum Green Energy for a wind project in Gujarat. This order includes a 20-year operations and maintenance contract to ensure turbine performance and durability. The project will utilize the 2.7M130 platform, with turbines installed at a height of 140 meters. This project is part of a larger agreement, with Continuum awarding contracts for five projects totalling 270 MW to Senvion. Deliveries are set to begin in…