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JSW Energy signs 25 years PPA with NHPC

26 Jun 2025 Evaluate

JSW Energy through its stepdown subsidiary Energizent Power, has signed Power Purchase Agreement (PPA) with NHPC for ISTS-connected 300 MW Solar-Wind Hybrid Capacity. The PPA is signed for supply of power for a period of 25 years with a tariff of Rs 3.49/KWh. The aforesaid project is expected to be commissioned in the next 24 months and is located in Rajasthan and Andhra Pradesh.

The company has total locked-in generation capacity of 29.9 GW comprising of 12.5 GW operational, 12.8 GW under-construction across wind, thermal and hydro and pipeline of 4.6 GW. The company also has 29.3 GWh of locked-in energy storage capacity through hydro pumped storage projects of 26.4 GWh and battery energy storage system of 2.9 GWh. The company aims to reach 30 GW generation capacity and 40 GWh of energy storage capacity by FY2030 and achieve Carbon Neutrality by 2050.

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.

JSW Energy Share Price

535.85 7.60 (1.44%)
16-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 390.80
Tata Power 427.25
Adani Power 193.10
Power Grid Corp 312.25
Torrent Power 1522.00
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