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DCM Shriram invests Rs 571.2 million in hybrid renewable power project

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JSW Renew Energy Thirty Two Limited, a subsidiary of JSW Energy Limited (JSWEL), has signed a definitive agreement with DCM Shriram Limited to establish a 68 MW wind-solar hybrid power project in Kota, Rajasthan.  The project will supply renewable energy to DCM Shriram, replacing the power currently procured from its 40 MW thermal power project. Additionally, the Board of Directors of DCM Shriram has approved an equity investment of 28% stake and a capital expenditure…

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JSW signs PPA with GUVNL for wind-solar hybrid project

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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 Renew, NTPC sign PPA for 700 MW solar project

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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,…