Deals1 Jul 2025, 04:23 pm
JSW Energy Signs Battery Energy Storage Purchase Agreements for 250 MW / 500 MWh BESS with Rajasthan Vidyut Utpadan Nigam Limited
AI Summary
JSW Renew Energy Thirty Seven Limited, a step-down subsidiary of JSW Energy Limited, has signed Battery Energy Storage Purchase Agreements (BESPA) with Rajasthan Rajya Vidyut Utpadan Nigam Limited for a 250 MW / 500MWh Battery Energy Storage System (BESS). The project will be developed in Rajasthan on a Build, Own and Operate model for a duration of 12 years, with a tariff of ₹ 2,24,000 per MW per month, and is supported by viability gap funding. This brings JSW Energy's total locked-in energy storage capacity to 29.3 GWh, including 2.9 GWh of BESS and 26.4 GWh of Pumped Hydro Storage.
Key Highlights
- JSW Renew Energy Thirty Seven Limited signs BESPA with Rajasthan Rajya Vidyut Utpadan Nigam Limited for 250 MW / 500MWh Standalone BESS
- Project to be developed in Rajasthan on a Build, Own and Operate model
- Duration of 12 years with a tariff of ₹ 2,24,000 per MW per month
- Supported by viability gap funding
- JSW Energy's total locked-in energy storage capacity now stands at 29.3 GWh