Archive · 12 Dec 2025
JSW Energy Secures 25-Year Power Deal
JSW Energy, a big company that makes electricity, has made a deal to sell 400 MW of power to companies in Karnataka for 25 years.
They will charge ₹5.78 for every unit of electricity.
This deal helps JSW Energy have more stable income and less risk.
They already have a lot of power plants and are building more.
The company is also planning to raise ₹13,000 crore to fund its expansion.
Some of this money will come from investors, and some from the company's promoters.
They have also added a lot of new capacity in the last year, including a big green hydrogen plant.
Their stock price went up a little bit today, but it has gone down a bit in the last month.
Overall, in the last year, their stock has gone up by about 11.8%.
JSW Energy signed a 25-year PPA with Karnataka DISCOMs for 400 MW of power supply starting April 1, 2026.
The tariff for the power supply is fixed at ₹5.78 per kWh, reducing JSW Energy's open capacity to about 5% of its current operational capacity.
JSW Energy plans to raise ₹13,000 crore, including ₹10,000 crore through qualified institutional placement and ₹3,000 crore from promoters.
The company has added 5.5 GW of capacity in the past twelve months, including 3.3 GW of renewables and 1.8 GW of thermal.
JSW Energy is committed to achieving 30 GW of generation capacity and 40 GWh of energy storage capacity by FY 2030, with a goal of carbon neutrality by 2050.
- Who
- JSW Energy and Karnataka DISCOMs
- What
- Signed a 25-year power purchase agreement for 400 MW and plans to raise ₹13,000 crore
- When
- PPA starts April 1, 2026; Funding details to be approved in an EGM
- Where
- Karnataka, India
- Why
- To strengthen long-term revenue visibility, de-risk generation portfolio, and fund capital expansion
Investors
Promoters
Funding Strategy
Investors
Investors may prefer market-based funding through QIP for better valuation.
Promoters
Promoters are willing to invest ₹3,000 crore to maintain control and support expansion.
- Company
- JSW Energy
- Power Supply
- 400 MW
- Duration
- 25 years
- Tariff
- ₹5.78 per kWh
- Open Capacity
- 5% of operational capacity
- Total Locked-in Capacity
- 30.5 GW
- Operational Capacity
- 13.3 GW
- Stock Price
- ₹1,110 (as of 01:45 PM)
- Funding
- ₹13,000 crore (₹10,000 crore via QIP, ₹3,000 crore from promoters)
- New CFO
- Chandrasekaran Prabhakaran
- Capacity Added (12 months)
- 5.5 GW (3.3 GW renewables, 1.8 GW thermal)
- Q3 Capacity Addition
- 443 MW
- Total Installed Capacity
- 13.2 GW
- Capital Expenditure by 2030
- ₹1.30 lakh crore
- Green Hydrogen Plant
- India’s largest, 3,800 TPA
- Energy Storage Capacity
- 29.4 GWh
- Carbon Neutrality Goal
- 2050
Sources
JSW Energy secures 400 MW power purchase agreement from Karnataka DISCOMs for 25 year
JSW Energy shares end 5% higher, largest single day gain since March; here’s why
JSW Energy to raise ₹13,000 cr via securities, pref issue to promoters
JSW Energy arm inks pact to supply 400 MW to Karnataka discoms
