JSW Energy Signs 1,325 MW Renewable PPAs
Jun 26, 2024 19:25
JSW Energy has signed PPAs for 1,325 MW of wind and solar projects, bringing its total locked-in capacity to 13.6 GW. The company aims to reach 20 GW by 2030.
Photograph: Toru Hanai/Reuters
New Delhi, Jun 26 (PTI) JSW Energy on Wednesday said that it has inked power purchase agreements through its subsidiaries for wind and solar projects with a cumulative capacity of 1,325 MW.
This includes 1,025 MW with Solar Energy Corporation of India Ltd (SECI) and 300 MW with Gujarat Urja Vikas Nigam Ltd (GUVNL), bringing the total locked-in capacity of the company to 13.6 GW, a company statement said.
Sharad Mahendra, Joint Managing Director and CEO of JSW Energy, said in the statement, "PPAs collectively account for 36 per cent of our pipeline capacity and would enable us to fast-track our growth targets of achieving 20 GW capacity before 2030.
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