16-October-2024
Corporate News
 
JSW Energy signs PPA for 700 MW ISTS/STU-connected solar capacity with NTPC
15-Oct-2024

JSW Energy on Monday announced that its step-down subsidiary JSW Renew Energy Thirteen Limited has signed Power Purchase Agreement (PPA) with NTPC Limited (NTPC) for ISTS/STU-connected solar capacity of 700 MW. The PPA, it added, is signed for supply of power for a period of 25 years with a tariff of Rs 2.59/KWh. In a regulatory filing, the company said, “The aforesaid project is expected to be commissioned by June 2026. The current solar pipeline capacity stands at 3.2 GW with PPAs signed for 2.0 GW.” JSW Energy has total locked-in generation capacity of 18.2 GW comprising 7.7 GW operational, 2.1 GW under-construction across wind, thermal and hydro and RE pipeline of 8.3 GW.

News Source:- https://www.financialexpress.com/business/industry-jsw-energy-signs-ppa-for-700-mw-istsstu-connected-solar-capacity-with-ntpc-3638853/