JSW Energy & SJVN Sign PPA for 700 MW Solar Project in Rajasthan
JSW Energy has signed a power purchase agreement with SJVN for a 700 MW solar project in Rajasthan. The project will be commissioned within the next 24 months.
New Delhi, Jul 1 (PTI) JSW Energy on Monday said it has signed a power purchase agreement with state-owned SJVN for a 700 megawatt inter state transmission system (ISTS) solar project in Rajasthan.
The company aims to commission the project over the next 24 months, JSW Energy said in a statement.
"JSW Renew Energy (Raj) Limited, a wholly-owned stepdown subsidiary of JSW Energy has signed PPA with SJVN for ISTS-connected solar capacity of 700 MW," it said.
The PPA is signed for supply of power for a period of 25 years with a tariff of Rs 2.52/KWh, JSW Energy said.
The total locked-in capacity with the project stands at 13.9 GW, while the total locked-in solar capacity is now at 3.5 GW (gigawatt).
The company did not disclose any financial information related to the project.
The company aims to commission the project over the next 24 months, JSW Energy said in a statement.
"JSW Renew Energy (Raj) Limited, a wholly-owned stepdown subsidiary of JSW Energy has signed PPA with SJVN for ISTS-connected solar capacity of 700 MW," it said.
The PPA is signed for supply of power for a period of 25 years with a tariff of Rs 2.52/KWh, JSW Energy said.
The total locked-in capacity with the project stands at 13.9 GW, while the total locked-in solar capacity is now at 3.5 GW (gigawatt).
The company did not disclose any financial information related to the project.
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