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Private Sector | Not Classified - india | PID: 203562
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JSW Renew Energy Thirteen has announced the signing of a power purchase agreement (PPA) with NTPC for a solar capacity of 700 MW.
This solar project will be connected via ISTS and state transmission utility (STU) networks, supplying power at a tariff rate of Rs 2.59 per kWh for the next 25 years.
The project, which is expected to be commissioned by June 2026, adds to JSW Energy's expanding renewable energy portfolio. Of its solar pipeline capacity of 3.2 GW, 2.0 GW already has signed PPAs.
JSW Renew Energy Thirteen is a step-down subsidiary of JSW Energy. To bolster its clean energy strategy, JSW Energy is developing a storage capacity of 16.2 GWh through battery energy storage systems and hydro-pumped storage projects. The company targets a total generation capacity of 20 GW and energy storage capacity of 40 GWh by 2030.
| Updated on: 25 - Oct - 2024
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