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JSW Renew Energy Ltd, a wholly-owned subsidiary of JSW Future Energy Ltd has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Ltd (SECI) for the contracted capacity of 540 MW out of the total awarded capacity of 810 MW, as per a BSE filing said.
The order was bagged through a competitive bidding process.
This is the single largest PPA for the wind/ blended wind category in the industry, and marks the foray of the company into the wind/ blended wind energy generation segment, it added.
In September 2020, JSW Energy said that JSW Future Energy Ltd had received a Letter of Awards for a total blended wind capacity of 810 MW in respect of the tariff-based competitive bids invited by SECI for setting up of 2,500 MW ISTS (Inter-State Transmission System) connected blended wind power projects (Tranche – IX).