JSW Renew Energy Signs Power Purchase Agreement with NTPC

Oct 14, 2024 15:18

JSW Renew Energy Thirteen Ltd has signed a 25-year power purchase agreement with NTPC for a 700 MW solar project, expected to be commissioned by June 2026.

New Delhi, Oct 14 (PTI) JSW Renew Energy Thirteen Ltd, a step-down subsidiary of JSW Energy, has signed a 25-year power purchase agreement with state-owned NTPC.

The tariff for the 700 MW solar project is Rs 2.59/kilowatt hour, JSW Energy said in an exchange filing.

"JSW Renew Energy Thirteen has signed a power purchase agreement (PPA) with NTPC for ISTS/STU-connected solar capacity of 700 MW," the company said.

The project is expected to be commissioned by June 2026.

The current solar pipeline capacity stands at 3.2 GW, with PPAs signed for 2.0 GW.

Source: PTI

MORE NEWS

RBI Fines SG Finserve Rs 28.30 Lakh for...

The Reserve Bank of India has imposed a penalty of Rs 28.30 lakh on SG Finserve Limited...

Jio Platforms Q2 Profit Soars 23.4% to Rs 6,539...

Jio Platforms reported a strong Q2 FY25 performance, driven by a 23.4% increase in net...

Reliance Q2 Net Profit Falls 5% on Weak O2C...

Reliance Industries Ltd reported a 5% decline in net profit for the July-September...

BSE Launches World Investor Week 2024: Focus on...

BSE launches World Investor Week 2024, emphasizing technology, digital finance, and...

Sebi Monitors Market Infra Shareholding: New...

Sebi introduces a framework to monitor shareholding limits, public shareholding...

Saatvik Green Energy Wins Rs 302 Cr Solar...

Saatvik Green Energy has secured a Rs 302 crore contract to supply 200 MW of solar...

Gold Hits All-Time High in India: Rs 78,700 Per...

Gold prices in India reached a record high of Rs 78,700 per 10 grams on Monday, driven...

Fusion CX Invests $17-19mn in Belize Expansion

Fusion CX, a global customer experience solutions provider, is investing $17-19 million...

Bullion Rates Today: Gold & Silver Prices in India

Get the latest bullion rates for gold and silver in India. Check today's prices for...

SWREL Reports Rs 8.5 Crore Profit in Q2 FY24

Sterling and Wilson Renewable Energy Ltd (SWREL) reported a consolidated profit of Rs...

JSW Renew Energy Signs Power Purchase Agreement with NTPC

You May Like To Read

MORE NEWS