JSW Energy has secured a Power Purchase Agreement (PPA) of 200 MW with Punjab State Power Corporation to be supplied from the Karcham Wangtoo Hydro Electric Project of Himachal Baspa Power Company, a 100% subsidiary of the company. With this, the long term PPA proportion of the company on a consolidated basis has increased from 69.3% at end of Q3FY18 to 73.8% 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.
