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JSW Renew Energy Two inks PPAs with SECI

Thursday, 16 Sep 2021
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JSW Future Energy, a wholly-owned subsidiary of JSW Energy, has received letters of award (LoAs) for a total wind capacity of 450 MW from the Solar Energy Corporation of India (SECI).

The LoAs were received against tariff-based competitive bid invited by SECI for setting up 1,200 MW ISTS-connected Wind Power Projects (Tranche - X).  

JSW Renew Energy Two has signed power purchase agreements (PPAs) with SECI for the cumulative contracted capacity of 450 MW awarded against the above-mentioned bid.
With the signing of this PPA, about 2,218 MW of PPAs for wind and solar projects have been signed by various subsidiaries of the company in the past few months.
The company through its wholly-owned subsidiaries i.e. JSW Future Energy and JSW Hydro Energy is presently constructing various renewable power projects to the tune of 2.5 GW, with a vision to achieve a total power generation capacity of 20 GW by the year 2030, when the share of renewables in the total capacity will increase to approximately 85 percent from 30 percent currently.

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