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JSW Energy’s arm secures orders worth Rs 443.74 crore

13 Jul 2026 Evaluate

JSW Energy’s step-down subsidiary -- JSW Energy PSP Eleven (JEPEL) has secured orders aggregating to Rs 443.74 crore (200 MW / 400 MWh of BESS) from Bondada Renewable Energy, a wholly owned subsidiary of Bondada Engineering, for the supply of Battery Energy Storage Systems (BESS) and Power Conversion System (PCS) solutions. JEPEL operates a 5 GWh per annum battery assembly plant in Pune.

This engagement represents a step forward in the company’s strategic expansion in the energy storage segment, reinforcing its commitment to building capabilities across the energy value chain. Battery Energy Storage Systems are increasingly becoming critical for India’s evolving power ecosystem, supporting grid stability, peak load management, renewable energy integration, and round-the-clock power supply.

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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