JSW Energy signs PPA for 540 MW of wind power projects

The company won these projects in a competitive bidding done by SECI


JSW Energy | wind power

Shreya Jai  | 
New Delhi 

ReNew entered Indian bond market in 2015 with three issuances of Rs 400 cr, Rs 280 cr and Rs 451 cr

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JSW Energy said its arm JSW Renew Energy has sign­ed a power purchase agreement (PPA) for the supply of 540 Mw of blended wind power capacity. The PPA is signed with Solar Energy Corporation of India (SECI).

The company in a statement said this is single largest PPA for wind/blended wind power capacity awar­ded to a company and will mark the foray of JSW in this segment.

The firm won these projects in a competitive bidding done by SECI. Earlier on March, it was awarded 450 Gw of wind power capacity. JSW aims to be a 10 Gw energy firm in this decade. In September 2020, JSW Energy said JSW Future Energy had received Letter of Awards for 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.

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First Published: Mon, May 03 2021. 21:05 IST