JSW Signs PPA for Solar + Battery Project

JSW Energy, through its step-down subsidiary JSW Renew Energy Forty Five, has signed a power purchase agreement (PPA) with Bangalore Electricity Supply Company (BESCOM) for a 100 MW grid-connected solar project integrated with a 100 MWh Battery Energy Storage System (BESS).

The PPA, signed for a period of 25 years, is fixed at a tariff of Rs 4.31 per kWh.

According to the company’s regulatory filing, the project will be developed at a designated site and connected to the 220/400 kV KPTCL Firozabad substation in Kalaburagi district, Karnataka.

With this agreement, JSW Energy’s total locked-in energy storage capacity has increased to 29.4 GWh — comprising 3.0 GWh of BESS and 26.4 GWh of pumped hydro storage. The company remains on track to meet its target of 40 GWh energy storage capacity by 2030.

News source: Daily Excelsior

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