JSW Energy signs PPA with Amazon for 180 MW wind power
The company has a locked-in energy storage capacity of 16.3 GWh through its battery energy storage system and hydro-pumped storage project.
)
JSW Energy on Friday said its arm, JSW Neo Energy, has inked a power purchase agreement with AEI New Energy Trading Private Ltd (Amazon) for 180 MW wind power. Following this agreement, the company's locked-in RE Commercial and Industrial (C&I) capacity stands at 4.0 GW, a statement said.
This comprises 2.7 GW of JSW group's captive capacity and 1.3 GW of third-party C&I capacity, including capacity to be acquired from O2 Power.
The company's C&I portfolio includes prominent customers such as Amazon, DCM Shriram Ltd, and Indus Towers Ltd.
These strategic partnerships underscore the company's commitment towards sustainable energy solutions.
Currently, the company has 8.2 GW of operational generation capacity spread across thermal, hydro and RE and a locked-in generation capacity of 30 GW.The company has a locked-in energy storage capacity of 16.3 GWh through its battery energy storage system and hydro-pumped storage project.
The company aims to reach 20 GW generation capacity and 40 GWh of energy storage capacity significantly before 2030.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES

Top 5 SBI Mutual Funds With Best Returns in 1 Year: Gold fund at No. 1 spot has converted Rs 2,00,000 one-time investment into Rs 2,62,000

One-time Investment for Retirement Planning: How Rs 2,50,000 lump sum amount can generate Rs 94,00,000 corpus in long term

Retirement Gratuity Calculations: What will be gratuity for government employee with Rs 80,000 as last-drawn basic pay and 30 years of service?

Retirement Planning: How one-time investment of Rs 3,00,000 may generate Rs 51,600 monthly income for 30 years

SBI Senior Citizen FD Interest Rates: How much monthly payout, maturity amount you will get on investments of Rs 5,55,666 and 7,77,888 in 1-, 3-, and 5-year fixed deposits

Gratuity Calculation: Rs 37,000 as last-drawn basic salary, 6 years and 3 months of service; find out your gratuity amount

PPF Calculation: How much will you earn in 15 years by investing Rs 3,000, Rs 7,000, and Rs 10,000 monthly in Post Office Public Provident Fund?

400-Day Special FDs: Know returns on Rs 5 lakh, Rs 7 lakh, and Rs 9 lakh investments in SBI, PNB, and BoB fixed deposit schemes

Retirement Planning by One-time Investment: How Rs 3,75,000 one-time deposit can generate fund worth Rs 1,26,00,000

DA Hike Latest Update: Will Centre increase DA from 53% in cabinet meeting? What 2% DA hike for your Rs 55,000 basic salary means
12:51 PM IST