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JSW Energy signs 1,200 MW hybrid power deals with MSEDCL

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JSW Energy’s subsidiaries, JSW Renew Energy Six Ltd and JSW Renew Energy Thirty Ltd, have signed power purchase agreements (PPAs) with Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for two solar-wind hybrid projects, each with a capacity of 600 MW, totalling 1,200 MW.  These agreements, awarded on August 29 and September 10, 2024, are set for 25 years at a tariff of Rs 3.60/kWh, with projects expected to be operational within 24 months. JSW Energy’s…

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

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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…