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JSW Energy secures PPAs aggregating to 208 MW

04 Dec 2017 Evaluate

JSW Energy has successfully secured Power Purchase Agreements (PPAs) aggregating to 208 MW. This consists of 176 MW PPA with Haryana Power Purchase Centre to be supplied from the Karcham Wangtoo Hydro Electric Project of Himachal Baspa Power Company, a 100% subsidiary of the company and 32 MW under Group Captive scheme to be supplied from the Ratnagiri plant of the company.

With this, the long term PPA proportion of the company on a consolidated basis has increased from 64.6% at end of Q2FY18 to 69.3% currently.

JSW Energy, part of the JSW Group, is a growing energy company. The Group has diversified interests in carbon steel, power, mining, industrial gases, port facilities, aluminium, cement and information technology.


Peers
Company Name CMP
NTPC 327.00
Tata Power 366.85
Adani Power 207.00
Power Grid Corpn. 266.00
Adani Energy Solut. 1392.00
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