India-based JSW Renew Energy Thirteen Limited, a subsidiary of JSW Energy, has signed a 25-year Power Purchase Agreement (PPA) with NTPC Limited for a 700 MW ISTS/STU-connected solar project. The PPA is set at a tariff of INR 2.59/KWh, and the project is expected to be commissioned by June 2026. This agreement brings JSW Energy’s solar pipeline capacity to 3.2 GW, out of its total locked-in generation capacity of 18.2 GW, which includes 7.7 GW operational, 2.1 GW under construction, and 8.3 GW in renewable projects. JSW Energy’s long-term goals include reaching 20 GW of generation capacity and 40 GWh of energy storage by 2030, as well as achieving carbon neutrality by 2050.
JSW signs 700 MW PPA with NTPC
The PPA between JSW Energy and NTPC, priced at INR 2.59/KWh, will further enhance JSW’s solar pipeline capacity to 3.2 GW. (Image Credit/Source: Pixabay/Pexels)
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