CATEGORIES

announce
image text
Image Source : Energyinfra market solar plant1

JSW Energy Signs 700 MW Solar Power Agreement with NTPC Insight

Last Update 14 October 2024

On October 14, JSW Energy announced its subsidiary, JSW Renew Energy Thirteen Ltd, signed a 25-year Power Purchase Agreement with NTPC for 700 MW of Solar Capacity, set at ₹2.59/KWh, to be commissioned by June 2026. With a current solar pipeline of 3.2 GW, JSW aims for 20 GW total capacity and carbon neutrality by 2050.

Also Read CNBC

Tags

WindTechnologyProject Status UpdateNew Project Green HydrogenForeign InvestmentBudget

News Insights

On October 14, JSW Energy announced a significant 25-year Power Purchase Agreement (PPA) through its subsidiary, JSW Renew Energy Thirteen Ltd, with NTPC for 700 MW of solar capacity at a competitive rate of ₹2.59 per kWh, set to be commissioned by June 2026. This strategic move is part of JSW's broader goal to reach a total renewable capacity of 20 GW and achieve carbon neutrality by 2050, addressing the growing demand for clean energy in India. By leveraging its existing 3.2 GW solar pipeline, JSW aims to enhance its market position while securing stable long-term revenues through this agreement. The potential outcomes include increased market share, enhanced profitability, and a positive environmental impact. Future opportunities may arise from diversifying into other renewable sources, innovating solar technologies, and exploring international markets. For investors, JSW Energy presents an attractive proposition due to its long-term growth potential, stable returns from the PPA, and alignment with environmental, social, and governance (ESG) principles, making it a compelling choice in the evolving energy landscape.

Top Stories

KERC Drafts Revised Fee Regulations for Energy Sector

CSERC Drafts Guidelines for Renewable Energy Development

Green Hydrogen Market to Grow by $46.25 Billion by 2028

CERC Approves Transmission Charges for Khavda Renewable Project

Power Quality Guidelines for E-Charging Stations in Madhya Pradesh
Trulli

Sponsored by EI Market

Card image

India's Wind Energy Market: Current Landscape, Growth Opportunities, and Future Outlook Till 2030

By Team Eninrac

A detailed study identifying the investment potential of the Indian wind market with a key focus - mapping industry competitiveness, region-wise opportune pockets identification for solar capacity, indexation of state's ease of doing solar policies & regulations, track of upcoming projects, potential assets for M&A. Learn More

Card image

India's Solar Energy Market: Current Landscape, Growth Opportunities, and Future Outlook Till 2030

By Team Eninrac

A detailed study identifying the investment potential of the Indian solar market with a key focus - mapping industry competitiveness, region-wise opportune pockets identification for solar capacity, indexation of state’s ease of doing solar policies & regulations, track of upcoming projects, potential assets for M&A Learn More

Card image

Eninrac's Regulation & Policy Compendium Streamlines Open Access Electricity Procurement for Indian Consumers

By Team Eninrac

Eninrac Consulting introduces state-wise tracking for open access transactions, with new efficient regulations and charges. Learn More

Search

Archive

2023

BIS Unveils New Standards to Boost Electric Vehicle Safety and Quality

Coal Production from captive & commercial coal mines escaleted by 35% in Apr-Jun

Eco Stor Plans 300MW/716MWh Battery Storage in Germany

Adani Total Gas initiates production at a biogas plant in Uttar Pradesh

Foundation laid for 630 MW solar project in MP's Chhatarpur district.
Advertisement
Trulli

Categories

Foreign InvestmentBudgetCompany's update Conventional EnergyCoalOil and GasE-Waste ManagementFinancialGlobalGovernment/Nodal Bodies UpdateInnovationInvestmentLithiumMarket DevelopmentsNew EnergiesBatteryElectric vehicleEV Charging StationHydrogenNew Project UpdatePartnership and DealPower SectorDistributionGenerationNuclear PowerPeak DemandPower Purchase AgreementSmart MeterTransmissionProject Status UpdateRenewables EnergyBiomassEnergy StorageGreen EnergyGrid-connected solarHydropowerOpen AccessPolicy and Regulatory UpdatePumped Hydro StorageRooftop SolarSolar CellSolar energySolar ModuleSolar PanelTender UpdateUtility ScaleTariffTechnologyWind energy

Newsletter

Get started with
EI Market personalised demo

Complete the form to get in touch with our sales team to see our Visionboard platform in action. We'll show you how you can use eninrac to build a culture of action of consistently hunting down and eliminating poor market research expriences across your companies line of business

power by why
REQUEST DEMO
By providing this information, you grant consent that we may process your personal data in accordance with our Privacy Statement.
By submitting this form, you grant consent to receive marketing information from eninrac as set out in our Terms of Service & Privacy Statement. You may unsubscribe at any time.