JSW Energy signs BESPA for 500 MWh BESS project in Rajasthan
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. 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…