18-October-2024
Corporate News
 
JSW energy subsidiary signs PPA for its wind-solar hybrid capacity with GUVNL
17-Oct-2024

JSW Energy Limited on Thursday announced that its step down subsidiary JSW Renew Energy Seventeen Limited has signed Power Purchase Agreement (PPA) with GUVNL for STU-connected 192 MW Wind-Solar Hybrid capacity. The agreement marks the company’s first PPA for a wind-solar hybrid capacity. The PPA is signed for supply of power for a period of 25 years with a tariff of Rs 3.27/kWh. JSW Energy said that the project is expected to be commissioned within 24 months and will be connected to the STU in Gujarat. The company currently has a project pipeline capacity of 8.3 GW with PPA signed for 3.2 GW.

News Source:- https://www.financialexpress.com/business/industry-jsw-energy-subsidiary-signs-ppa-for-its-wind-solar-hybrid-capacity-with-guvnl-3642134/