JSW Renew Energy Ltd, a wholly-owned subsidiary of JSW Future Energy Ltd, has signed a power purchase agreement (PPA) for the supply of 540 megawatts (MW) blended wind power capacity.
According to a company statement, this is the single largest PPA for wind/blended wind power capacity awarded to any company and this will mark JSW’s foray into this segment. The PPA has been with Solar Energy Corporation of India (SECI) for the contracted capacity of 540 MW out of the total awarded capacity of 810 MW.
Earlier in March, JSW was awarded 450 gigawatts (GW) of wind power capacity. JSW aims to be a 10 GW energy firm in a decade.
In September 2020, JSW Energy said that JSW Future Energy Ltd 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 (Tranche – IX).