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Waaree Energies, JSW Acquire Renewable Assets In Deals Amounting to Rs 1400 Crores

On Jan 10, Waaree Energies Limited announced  the signing of a Share Purchase Agreement with Enel Green Power Development S.r.l (“Seller”) for acquisition of 100% of the share capital of Enel Green Power India Private Limited for a total amount of upto INR 792 Crores, subject to customary closing adjustments. Italy-based Enel is one of […]

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SECI Proposes, CERC Disposes- JSW Energy’s 500 MW BESS Tender In Trouble

In a blow to JSW Energy’s BESS plans, the tender it won for SECI’s 500 MW/1000 MWh standalone battery energy storage systems has failed to pass muster with CERC. On plea to adopt the tariffs for the said tender, won by JSW Energy at Rs 10.88/unit after due process, the CERC pointed to the inexplicably […]

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JSW Achieves 3.1 GW Of Locked-In RE Generation Capacity

Mumbai-based JSW Energy announced securing multiple renewable energy (RE) projects in the Commercial and Industrial (C&I) power market. With this latest project, JSW achieved a total locked-in power generation capacity of 20 GW. The company’s locked-in renewable energy (RE) C&I capacity now stands at 3.1 GW. This includes 2,654 MW of JSW group captive capacity […]

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Indus Towers, JSW Arm Invest Rs. 38.03 Cr For 130 MW Solar Project

Indus Tower, a Haryana-based telecom tower company today entered into a power purchase agreement (PPA) with JSW Green Energy Eight Limited, a special purpose vehicle (SPV). Under this agreement, Indus Tower would receive 130 MW of renewable energy from a solar power plant under captive mode. The company also agreed to make approximately Rs 38.03 […]

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JSW, Tata, Avaada, Juniper Winners Of 1,650 MW MSEDCL Hybrid Bid

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has now announced the winners for its 1,650 MW wind-solar hybrid project tender. It awarded the project to four successful bidders, namely JSW Neo Energy (JSW Energy), Tata Power Renewable Energy, Avaada Energy, and Juniper Green Energy. With the conclusion of Maharashtra State Electricity Distribution Company Limited […]

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SECI Awards 1 GW/2 GWh BESS Project to JSW And Reliance

SECI has announced that JSW Neo Energy and Reliance Power are the successful bidders for 1,000 MW/2,000 MWh standalone battery energy storage systems (BESS), under tariff-based global competitive bidding. Both companies were awarded an equal capacity of 500 MW/1,000 MWh. JSW Neo Energy quoted a tariff of Rs. 381,000/MW per month, and Reliance Power quoted […]

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JSW To Add New Solar Capacities To Karnataka’s Pavagada Solar Park

JSW Energy Limited received a Letter of Award (LoA) from Karnataka Renewable Energy Development Limited (KREDL) for setting up a 300 MW solar power project at Pavagada Solar Park in Karnataka. Pavagada Solar Park in the Tumkur district of Karnataka is one of the largest solar parks of India. It is also the single site […]

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JSW Energy, SJVN Sign PPA For 700 MW Project In Rajasthan

JSW Renew Energy (Raj) Limited, a wholly-owned step-down subsidiary of JSW Energy Limited, signed a Power Purchase Agreement (PPA) with SJVN Limited for an ISTS-connected solar capacity of 700 MW. The total locked-in capacity of JSW Renew Energy stands at 13.9 GW. The PPA is signed for the supply of power for 25 years with […]

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