JSW Energy signs 25-year electricity supply pact with BESCOM for solar project
on Thursday said that its step-down subsidiary, JSW Renew Energy Forty Five, has signed a 25-year
power purchase agreement
(PPA) with Bangalore Electricity Supply Company (
BESCOM
) for a grid-connected 100MW
solar project
with a 100MWh Battery Energy Storage System (BESS).
'The aforesaid project will be developed on a designated site and connected to the 220/400 kV KPTCL Firozabad substation in Kalaburagi district,' JSW Energy said in a regulatory filing.
As per the statement, the PPA has been signed at a tariff of ₹4.31 per kWh.
Subsequent to this the, company's total locked-in energy storage capacity stands at 29.4 GWh, including 3.0 GWh of BESS and 26.4 GWh of Pumped Hydro Storage.
The company said it is well-positioned to achieve its target of 40 GWh of energy storage by 2030.
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