Archive · 26 Jun 2025
JSW Energy Announces PPA, Expands Renewable Energy Portfolio
JSW Energy is making a big move in renewable energy.
They've agreed to build a solar and wind power project with NHPC that will produce 300 MW of power in Rajasthan and Andhra Pradesh.
This deal will last 25 years and the electricity will cost ₹3.49 per kWh.
JSW Energy is already a big player, with many power projects already running.
They are aiming to grow even more, hoping to have a huge amount of power generation and storage capacity by the year 2030, all while trying to be carbon neutral by 2050.
This is a step towards cleaner energy.
JSW Energy's subsidiary signed a 25-year PPA with NHPC for a 300-MW solar-wind hybrid project.
The project will use the inter-state transmission system and be located in Rajasthan and Andhra Pradesh.
The tariff for the project is set at ₹3.49 per kWh.
JSW Energy has a total locked-in generation portfolio of 29.9 GW and 29.3 GWh of energy storage capacity.
JSW Energy aims for a 30 GW generation capacity and 40 GWh storage by FY30, achieving carbon neutrality by 2050.
- Who
- JSW Energy and NHPC Ltd are the key parties involved.
- What
- JSW Energy's subsidiary signed a PPA for a 300-MW solar-wind hybrid capacity project.
- When
- The announcement was made recently, with JSW Energy shares rising before it.
- Where
- The project will be in Rajasthan and Andhra Pradesh, India.
- Why
- To expand JSW Energy's renewable energy portfolio and contribute to India's clean energy goals.
- Company
- JSW Energy
- Partner
- NHPC Ltd
- Project Type
- Solar-wind hybrid
- Capacity
- 300 MW
- Location
- Rajasthan and Andhra Pradesh
- Tariff
- ₹3.49 per kWh
- PPA Duration
- 25 years
- JSW Energy's Goal
- 30 GW generation, 40 GWh storage by FY30; carbon neutrality by 2050