JSW Energy Ltd.

JSW Energy’s wholly owned subsidiary -- JSW Neo Energy has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for the supply of 230 MW ISTS connected Firm and Dispatchable Renewable Energy (FDRE) under the SECI - FDRE Tranche IV scheme. 

This marks the company’s first PPA for a FDRE project. The agreement has been signed for a tenure of 25 years at a tariff of Rs 4.98 per kWh. With this, the company’s total under-construction capacity stands at 12.9 GW, and its total locked-in generation capacity now stands at 30.2 GW. The company remains well positioned to achieve its strategic target of 30 GW installed generation capacity and 40 GWh of energy storage by 2030.

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.