JSW Renew Energy has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for 540 megawatt (MW) of wind-based electricity.
JSW Energy won 810 MW projects in the auction conducted by SECI in August 2020. The company wos the wind project by quoting Rs 3 per unit.
JSW Energy currently has a power generation capacity of 4,559 MW, comprising 3,158 MW thermal, 1,391 MW hydel and 10 MW of solar power plants. The company aims to reach 10,000 MW capacity in three-five years, mainly through renewables addition.
JSW Energy aims to build a renewable capacity of 1,100 MW to meet its renewable purchase obligations. It is also constructing a 240 MW greenfield hydro project at Kutehr in Himachal Pradesh. It has cancelled a Rs 5,321-crore deal to acquire GMR Infra’s 1,050 MW Kamalanga thermal power plant in Odisha.