Deals12 Dec 2025, 01:06 pm
JSW Energy Signs 400 MW Power Purchase Agreement with Karnataka DISCOMs
AI Summary
JSW Energy (Utkal) Limited, a subsidiary of JSW Energy Ltd, has signed a Power Purchase Agreement (PPA) with multiple Karnataka DISCOMs for the supply of 400 MW of power for a tenure of 25 years starting from 1st April, 2026. The PPA is at a tariff of 5.78 per kWh, reducing JSW Energy’s open capacity to 5% of the current operational capacity and strengthening long-term revenue visibility.
Key Highlights
- JSW Energy (Utkal) Limited signs a PPA with Karnataka DISCOMs for 400 MW of power
- The PPA is for a tenure of 25 years starting from 1st April, 2026
- The tariff is set at 5.78 per kWh
- The PPA reduces JSW Energy’s open capacity to 5% of the current operational capacity
- This deal strengthens long-term revenue visibility for JSW Energy